Mexico Plans Further Debt Relief For Pemex
The Mexican government is mulling over additional tax relief measures for state energy giant Pemex to help it reduce the biggest debt load in the global oil industry, a deputy Continue Reading
Pemex considering exploring unconventional resources in case of policy shift
Mexico’s Pemex is considering exploring the Tampico-Misantla basin where there are vast untapped unconventional resources, in case the country were to change its current energy policy that neglects them. Receive Continue Reading
Mexico grants natural gas supply control to state companies through new plan
Mexico has granted full control over natural gas supply in the country to the state utility CFE and the national oil and gas company through a five-year plan for infrastructure Continue Reading
Pemex should avoid moving to production too fast at priority fields: panelists
Highlights Pemex must evaluate potential of fields thoroughly Company may have to recognize fewer reserves Mexico City — Mexico’s state Pemex should avoid moving to production without properly evaluating the Continue Reading
Oil Majors Are Eyeing Mexico’s Deepwater Sector
Deepwater exploration appears to be the focus of major investments in Mexico in Q3. As state-controlled oil company Pemex focuses on easy-extraction shallow water projects, private players set their sights Continue Reading
Will A Fracking Boom Ever Happen In Mexico?
Mexico is sitting on top of the sixth biggest collective shale reserve in the entire world. At an estimated total of 545 trillion cubic feet , they’re just a hair Continue Reading
US lawmakers accuse Mexico of slowing US energy investments to benefit Pemex
A group of US lawmakers from energy-producing states is urging the White House to call out Mexico for violating the spirit of the recent North American trade deal by making Continue Reading
Canada’s Oil Prices To Rise As Mexican Heavy Crude Supply Falls
The benchmark price of Canada’s oil sands is expected to strengthen next year amid lower supplies of Mexican heavy crude oil to the United States, BMO Capital Markets said in Continue Reading
Mexico’s Pemex Returns to Debt Markets After Nine-Month Hiatus
Petroleos Mexicanos returned to capital markets Thursday for its first debt sale since January as the embattled oil producer seeks to tap improved demand from investors. Pemex sold $1.5 billion in Continue Reading
Biden victory could push Mexico closer toward green energy
If Joe Biden wins the US presidency in November, he could hasten the country’s migration to more renewable energy by enforcing the Paris Agreement and the energy chapter under the Continue Reading