The Mexican subsidiary of U.S. railroad operator Kansas City Southern expects its gasoline transport business to grow at least 15 percent by volume this year, and possibly much more, a Continue Reading
On February 15 President Andrés Manuel López Obrador (AMLO) announced the launch of Pemex’s Strengthening Programme, a six-year plan designed to improve the company’s financial position through the liquidation of Continue Reading
The Mexican government plans to use money from a public income stabilization fund to help reduce the sizeable debt pile that state energy major Pemex has accumulated. Reuters reports , Continue Reading
Highlights 80% of work to develop 20 new fields awarded Company will develop every discovery it finds going forward Lopez Obrador says NOC will be more efficient than private operators Continue Reading
The Mexican government will invite four firms to bid on the construction of an $8 billion refinery for state oil company Pemex, officials said Monday, as President Andres Manuel Lopez Continue Reading
Mexico’s national oil company Pemex plans to triple the number of wells it will drill this year, the company’s chief executive said on Monday, in a bid to grow crude Continue Reading
Mexico’s state-run Pemex could delay to next year a call to energy companies to form joint ventures planned for October, amid government complaints that these firms have not invested quickly Continue Reading
Mexico’s President Andrés Manuel López Obrador does not rule out a possible listing of the ailing state oil firm Pemex on the local market. Pemex could also issue a new Continue Reading
Mexican President Andres Manuel Lopez Obrador on Tuesday denied any delay to a flagship refinery project in his home state after the deputy finance minister was quoted as saying $2.5 Continue Reading
The president’s spokesman declined to confirm or deny information Cancellation of auction rounds would make Mexico produce 600,000 b/d less in the long term Mexico City — Mexico could reconsider Continue Reading
