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 state-owned company Pemex

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updated Thu. May 3, 2018

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Pemex bolsters fight against pipeline milking in Puebla. By Feike De Jong Wednesday, April 4, 2018. BNamericas. Notify me Bookmark. Share ... Pemex said it will reinforce its collaboration with the government of Puebla state to reduce fuel theft incidents. As part of a .
Pemex will participate in Mexico's upcoming licensing rounds with a special emphasis on Round 3.3 in which nine unconventional blocks in ... Subscriber-Only Content. BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save ...

Prior the reform, state-run Petroleos Mexicanos (Pemex) was the sole operator in the upstream sector and did not compete with other exploration and production (E&P) companies when developing a discovery. “It's a completely new issue for Mexico,” Pulso Energetico director Pablo Zarate told NGI's ...
The head of Mexico's National Hydrocarbons Commission (CNH) urged the government on Wednesday to float a minority stake in national oil and gas firm Pemex on the Mexican stock exchange. Pemex controls the majority of hydrocarbon reserves in Mexico although the sector has been open to foreign ...
Ixachi-1DEL lies south-east of the original discovery, and, if successful, the company has mapped out a location for Ixachi-2DEL further south-east still. Pemex is also planning to perform an extended-reach production pressure test on the well already drilled to evaluate the rock's fluid systems of the rock.
An ongoing infrastructure-sharing agreement between Mexico's state-owned oil company Pemex and US West Coast refiner Andeavor appears to be boosting clean tanker traffic from the USWC to Mexico, with data showing increased gasoline flows on that route in February, according to Platts cFlow trade ...

Mexican state-owned Pemex's upcoming farmout program is expected to boost oil and gas output aggressively across seven mature fields by 2020 to stave off a ... Data from Mexico's National Hydrocarbon Commission (CNH) showed Pemex was looking for partners to increase production at seven onshore ...
LONDON – Talos Energy, Premier Oil, and Sierra Oil & Gas are in talks with PEMEX on appraisal drilling of last year's Zama oil discovery in the Sureste basin offshore Mexico. The Zama-1 well in block 7 encountered a continuous oil-bearing interval of more than 335 m (1,100 ft) with up to 200 m (656 ft) of ...
Pemex is attracting interest from a range of players for a pair of tenders covering the revitalisation of mature fields throughout Mexico. While the state-led company gained the ability under Mexico's energy reform to farm out assets and take on new partnerships, the company has also released revamped ...
Pemex is set to invite farm-out offers for seven clusters of onshore fields in a bid process that is expected to kick off in April, writes Kathrine Schmidt. Pemex chief executive Carlos Trevino Medina said during the CeraWeek conference in Houston that the process, which will be run by Mexico's National ...
Carlos Trevino, Petroleos Mexicanos's new chief executive officer, thinks it would be unfortunate for that to be interrupted by the next administration. The top concern of Trevino, who took over at Pemex in November, is that Mexico will elect a president in July that will “slow down the energy reform pace,” he ...
Pemex, Mexico's state-owned energy company, is in the throes of transformation. An overhaul of the nation's energy policies in 2013 and 2014 opened its energy industry to foreign investment, prompting Pemex to enter new partnerships and streamline its operations in the face of new competition.
PEMEX is reportedly running out of time to find partners for key oil and gas projects as the government looks to show progress from its energy agenda ahead of a July presidential election. The oil company is relying on foreign capital to reverse declining output and refining amid an ambitious energy reform.
Pemex is moving forward with its latest oil and gas farm-out, offering seven “clusters” of onshore fields, with a bid process run by Mexico's National Hydrocarbons Commission expected to kick off next month. Chief executive Carlos Trevino Medina told attendees of CERAWeek by IHS Markit that the process ...
PEMEX is reportedly running out of time to find partners for key oil and gas projects as the government looks to show progress from its energy agenda ahead of a July presidential election. The oil company is relying on foreign capital to reverse declining output and refining amid an ambitious energy reform.
Oil company employees have long been suspected of aiding thieves who drill into pipelines when pressure is low. But their involvement is seldom proven. Petroleos Mexicanos said Monday the eight workers were employed near a major refinery at the pipelines unit in Minatitlan, in the Gulf coast state of ...
MEXICO CITY, Feb 26 (Reuters) - Mexican state-owned oil company Pemex reported a nearly $18 billion fourth-quarter loss on Monday after both crude output and processing slid, though the company said refining levels should rebound as major maintenance plans are completed. The company posted a ...

Mecian NOC Pemex has signed an integral services contract for exploration and production with Lewis International for the Olmos unconventional field in Coahuila, which is a continuation of the Eagle Ford play in West Texas. The field is expected to produce 117Mf3/d of natural gas by 2021, representing ...
"We are looking to increase production, including heavy crude, so we might put on the table some farmouts mainly for those fields that need secondary recovery strategies," Pemex CEO Carlos Trevino said at a news conference during the CERAWeek energy conference in Houston. "The name of the game ...
Mexican President Enrique Pena Nieto resisted the siren songs of many in the business community who had wanted him to follow suit with the 2013-14 reform of state-owned Petroleos Mexicanos (Pemex), a symbol of national sovereignty for generations following the 1938 takeover of the U.S. and British ...
Pemex saw its BTX production fall off sharply in the second half of 2017 and ended the year with with a combined 131,267 mt of BTX output, down 101,403 mt (43.6%) when compared with 2016, company data shows. Pemex has not registered toluene or benzene output since August and has not produced ...
MEXICO CITY: Crude production at Mexican state oil company Pemex fell by 9.6 percent in 2017, while exports dipped 1.7 percent, figures published by the firm showed on Friday. On average, Mexico produced 1.948 million barrels per day (bpd) last year and exported 1.174 million bpd. In 2016, output ...
The Mexican state oil company Petroleos Mexicanos (Pemex) achieved, though only by a hair's breadth, the production targets set by the nation's 2017 budget. The target set in the budget for natural gas was 5.047 Bcf/d for 2017. In fact, the state company turned out 5.069 Bcf/d, according to the website of ...
Lake Chapala,Mex. — French oil and gas major Total S.A. is opening its first fuel station in Mexico, joining a growing list of companies including BP plc, ExxonMobil Corp. and Royal Dutch Shell entering the market as the monopoly of state-owned Petroleos Mexicanos (Pemex) comes to an end.
The lack of midstream capacity has been an obstacle for new fuel marketers to operate in Mexico and as part of the energy reform policies, the Mexican government has ordered Pemex to auction part of its logistics infrastructure. The capacity is being offered under short-term contracts to companies entering ...
Fiber optics installed on pipelines of Mexico's national oil company Pemex could prove useful for deployment of telecoms infrastructure to ...
On Thursday, the sterling corporate bond market reminded participants it was still going strong after the euro market had dominated the first half of the week. Petroleos Mexicanos, also known as Pemex, and Western Power Distribution followed the success of Wednesday's deal from Manchester Airport.
Mexican oil major Pemex has changed the way that it hedges some of its foreign debt liabilities, deploying options instead of cross-currency ...
The volume of natural gas Mexico's Pemex distributed in October to its processing plants and the country's pipeline network reached its lowest ...
Mexican NOC Pemex will relaunch its gas station franchise program on November 15 in a bid to become more competitive. Since the .
Petroleos Mexicanos (Pemex) revealed both aspects of its new-found dual personality under Mexico's energy reform during the third quarter.
Petroleos Mexicanos (Pemex), the Mexican state oil company, has surrendered a significant share of its former monopoly of the nation's natural ...
Mexico's hydrocarbons commission CNH has approved a request by state oil firm Pemex to drill six onshore exploratory wells in the .
Petroleos Mexicanos (Pemex), the Mexican state oil company, has surrendered a significant share of its former monopoly of the nation's natural ...
Mexico's state oil firm Pemex has got the go-ahead explore the country's first offshore presalt well. Approval from the national oil industry ...
MEXICO CITY – Fuel theft has fallen about 30 percent so far this year in Mexico, Petroleos Mexicanos (Pemex) CEO Jose Antonio Gonzalez Anaya said.
The National Hydrocarbons Commission (CNH) has approved Pemex's exploration plans to probe Mexico's first-ever pre-salt well in the Bay of ...
Clients get fuel at a gas station of state-owned company Petroleos Mexicanos (PEMEX), in Ciudad Juarez, Mexico October 4, 2017.
The theft of petroleum from Pemex pipelines by thieves known as huachicoleros costs Mexico billions of pesos annually but now for the first ...
MEXICO CITY, Oct 9 (Reuters) - Mexican state oil company Pemex aims to finalize the first shipment of crude oil for export later on Monday ...
This summer, Mexico's landmark energy reform—ending decades of Pemex's monopoly—started to pay off when a consortium including ...
Two of three oil and natural gas exploration and production (E&P) farmouts on offer with Mexico's Petroleos Mexicanos (Pemex) were snapped ...
(RTTNews) - The Mexican state-owned oil company Pemex reported that it sealed two new "farmouts," or associations, to optimize the ...
The three joint ventures, or farm-outs, aim to help Pemex, formally known as Petroleos Mexicanos, develop areas with private capital and ...
Oil and gas company Deutsche Erdoel AG (DEA) and Pemex have signed the license contract for shallow water Block 2, the company said on ...
MEXICO CITY, Sept 20 (Reuters) - Mexico's state oil company Pemex said in a statement on Wednesday that its installations suffered no ...
He has also served as Pemex CFO and on two occasions as a corporate management director. Among other positions, he has worked as chief clerk of the ministries of economy and energy. He also performed as undersecretary of expenditure for the Ministry of Finance and Public Credit, CEO of Financiera ...
SINGAPORE, Nov 29 (Reuters) - Mexico's national oil company Pemex has declared force majeure on the loading of Isthmus crude, two sources with knowledge of the matter said on Wednesday. The producer informed buyers late on Tuesday the force majeure would affect cargoes loading in early ...
Mexico's state-owned oil and natural gas company Petroleos Mexicanos (Pemex) earlier this month all but sealed its financial plans for next ...
Mubadala Petroleum is keen to invest in Mexico both in the upstream in oil production as well as downstream sector in petrochemicals, the ...


 

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