Mexicos President Andrés Manuel López Obrador is currently trying to make Mexico energy independent, and the U.S isn’t happy about it. Why is Mexico voting…
PEMEX
PEMEX looks to refinance and pay down its debt
The Mexican state-owned petroleum company Pemex is looking to refinance its huge debt while interest rates are at historic levels, that’s according to Mexican officials…
Brian Babin Is trying to Kill a Pemex Deal
Brian Babin United States Representative is trying to kill a Pemex deal that would give the Mexican Oil Giant full control of the Deer Park…
Fire in the Gulf of Mexico after a pipeline ruptured.
The ocean is on fire in the Gulf of Mexico after a pipeline ruptured. Good system. pic.twitter.com/5HK6VVfxOP — Eoin Higgins (@EoinHiggins_) July 2, 2021 An…
Ex-Pemex CEO Emilio Lozoya implicates Enrique Peña Nieto in Corruption probe
Mexico’s current president said ex-Pemex CEO Emilio Lozoya is testifying that lawmakers were bribed to pass measures that opened the energy sector to private investment….
Mexico’s production costs at priority fields are below $5/bbl
Executives at Pemex said they have now achieved their goal of stabilizing years of declines in oil production and that the company is “on a…
President Of Mexico López Obrador and Trump Make A Deal
President Donald Trump said the United States would cut its oil production to assist Mexico in keeping alive a deal between OPEC and other oil-producing…
Mexico Rejects OPEC Plan To Cut Oil Production
Mexico wants the Markets to dictate the price of oil, like Capitalism, should work. While others are already cutting sizeable chunks of their planned spending…
PEMEX – China Oil and Gas Partnership is heating up
Mexican state-owned giant Pemex has chartered two jack-up rigs built and currently owned by Chinese yard CIMC Raffles. They are able to operate at a…
Mexico’s Crude Oil Problem
Mexico’s economy has a high dependence on hydrocarbons. 89% of the country’s energy production is made from fossil fuels. It’s a large producer of oil,…
Carlos Urzúa’s shows his loyalty with the old Guard?
The departure of the former finance minister, Carlos Urzúa, will not only leave a gap in the federal government but also in the Pemex Board…
Mexico kicks off $7.7 billion refinery construction amid trade tariffs from the U.S
Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery amid a call by President Andres Manuel Lopez Obrador for…
Documents reveal Pemex will get 7.3 billion usd in tax breaks
Mexico is seeking as much as 138.7 billion pesos ($7.3 billion) worth of tax breaks for Petroleos Mexicanos in 2020 and 2021, according to online…
American debt-rating agencies go after Mexico’s Pemex
Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes on foreign investment to…