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…
Tag: Mexican Oil and Gas
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…
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…