Dos Bocas to Produce 164,000 Barrels of Gas Per Day by September
Mexican President Andrés Manuel López Obrador also confirmed that the Pemex refinery will begin production at the beginning of April
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High Oil Prices Hit Mexican Government Finances
By MARK LORENZANA The value of oil imports and the trade deficit in hydrocarbons reached an all-time high in the first five months of the year due to the global rise in crude oil prices, a situation that could complicate Mexico’s public finances, experts said on Tuesday, June 28. From January to May of this year, the prices of light
Read morePemex Will Need $9 Billion for Refineries
By THE PULSE NEWS MEXICO STAFF Mexican Finance (Hacienda, or SHCP) Secretary Rogelio Ramírez de la O will need to earmark at least $8.9 billion of federal funds for the state-run oil company Petróleos Mexicanos’ (Pemex) refinery division between 2022 and 2024 in order for the country to become self-sufficent in gasoline production, according to a study conducted by the
Read morePemex Slowly Returning to Productivity
By RICARDO CASTILLO One of several reasons why Andrés Manuel López Obrador (AMLO) won the 2018 Mexican presidential elections was his protest against former President Enrique Peña Nieto’s energy reform. Back in 2013, AMLO demanded that a referendum be held during the 2015 mid-term election to seek voters’ approval of the reform. Peña Nieto refused to carry out that
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