Category: Mexico

Pemex is struggling–to put it lightly. Petroleos Mexicanos, Mexico’s long-mismanaged state-owned oil company, has been bleeding money as its production levels have fallen to a trickle of their former production Continue Reading

Mexican President Andres Manuel Lopez Obrador said on Tuesday that a government drive to stamp out fuel theft launched days after his administration took office had generated savings of 12 Continue Reading

Amid the differences between the U.S. and Mexico recently, including different views over immigration and trade, relations in the energy patch continues to expand. In fact, energy trade represented 12 Continue Reading

Highlights New fields under development will yield light crude Mexico aims to increase domestic crude refining, curbing heavy exports Pemex needs a significant financial boost to achieve its output potential Continue Reading

Illegal taps on petroleum pipelines increased in both January and February compared to the same months last year despite the federal government’s crackdown on fuel theft.  The state oil company reported Continue Reading

A Mexican think tank has declared that Pemex’s newest refinery is doomed in a grim analysis released this month. The Mexican Institute for Competitiveness (Instituto Mexicano para la Competitividad, or Continue Reading

Mexico’s government will open retail gasoline stations controlled by the army if retailers do not decrease fuel prices, President Andres Manuel Lopez Obrador said Tuesday. Register Now CIF Eastern Mexico Continue Reading

While Mexico suffered the bloodiest year of violent deaths in 2018, even bigger trouble may be ahead for the embattled country. For the first time in more than 50 years, Continue Reading