Tagged With Pemex
12 January 2023
The latest five-year plan compounds pressure on the already financially handicapped NOC
11 October 2022
CEO Meg O’Neill is positive about the prospects for gas as the energy transition gathers pace
1 September 2022
The ‘world-class’ field could get a green light next year, following repeated delays and a resolved operatorship dispute
16 August 2022
Mexico must harness the vast resources in the Gulf to meet the government’s goal of energy autonomy
9 August 2022
Mexico’s leading energy provider enjoyed a strong quarter but will have to overcome hurdles to achieve its upstream objectives
12 May 2022
Costs continue to spiral at a downstream development the utility of which was always questionable
2 December 2021
The country’s upstream strategy seems at odds with reality and will require an about-turn if there is any hope of meeting its production targets
23 November 2021
The state-controlled heavyweight may miss its 2021 upstream target despite downgrading original guidance
25 August 2021
Hopes that national crude production will eclipse pre-pandemic levels look distant after platform blaze in the Gulf of Mexico
12 August 2021
The NOC had a better financial quarter in Q2 but will likely need significantly more money to hit upstream goals
13 July 2021
Political downstream agenda and company track record cause unease over Texas refinery purchase
8 July 2021
Mexican authorities rule in favour of NOC Pemex, raising doubts about the speed to first oil
17 June 2021
Efforts to can Mexico’s historic energy reforms face further hurdles after government fails to sweep Congressional mid-terms
25 May 2021
The sector struggled to offset crushing demand losses in 2020, but recent M&A shows momentum change
24 May 2021
Opportunities for foreign investment are being squeezed as authorities strive to roll back energy reforms
11 March 2021
Mexican producer must weigh ambitious upstream strategy with rapidly rising debt
4 March 2021
The pandemic wreaked havoc on NOC balance sheets in 2020, but the region still has some competitive advantages
21 January 2021
The government may have been forced to scale back its upstream ambitions. But even the revised targets might be too much, too soon
27 November 2020
Offshore production may be steadily climbing but lack of infrastructure and unclear offtake legislation threatens further growth
16 November 2020
The suspension of licensing rounds may have disappointed the private sector. But international treaties offer crucial protection against further unwinding of the country’s energy reforms
9 November 2020
The outcome of upstream discussions could prove to be a turning point for the country’s energy reforms and the future of international participation
11 September 2020
The strained producer downgrades its 2021 forecast as rapid economic recovery looks doubtful
30 July 2020
The Mexican firm had made some progress arresting its hefty debt pile, but the economic downturn and government obsession with upstream targets has started to take its toll
12 May 2020
Reviving bidding rounds seems the rational answer to the country’s upstream woes. But the government remains defiant for now
16 March 2020
Mexican NOC faces near-impossible task of hitting ambitious upstream targets while maintaining capital discipline
21 February 2020
European firm returns oil from block acquired in landmark bidding round. But progress towards first production at Zama faces renewed uncertainty
17 January 2020
Upgraded resource estimate from Mexican field boosts hopes of a financial decision, but a serious potential roadblock remains
16 January 2020
The gap between what the Mexican state-owned oil firm aims to produce and its president’s ambitious output targets could be partially plugged by material from new Tabasco discovery
8 November 2019
Sagging oil prices bruise the firm’s bottom line, despite a positive quarterly upstream performance
19 September 2019
Regime commits further capital to reverse waning crude production
9 August 2019
Sceptical agencies consider further cuts to their ratings of the company's debt
14 May 2019
Suspension of private investment opportunities ramps up pressure on the Mexican state firm
4 February 2019
The new administration puts its faith in Pemex with expanded E&P budget
4 January 2019
Is the fragile market cracking under pressure? Despite some ambitious growth-oriented investments, some of the continent's traditional big guns will be facing challenges in 2019
17 December 2018
The upstream benefited from higher spending in 2018, thanks to higher prices; but this increase was tentative, and signs of lower prices towards year-end forced a downturn in rig counts
4 October 2018
Mexico's upstream has boomed in recent years, and a bullish new president wants to drive growth
9 July 2018
The Mexican president-elect needs a strong oil and gas sector to fund a promised social transformation
12 April 2018
Reserve-based lending could help bring cash into the country's oil patch—if regulators can get the rules right
28 March 2018
Industry heavyweights have piled in after large discoveries in the Sureste Basin, which has emerged as the country's most promising area outside the deep waters
26 March 2018
A busy political season will put recent market-friendly energy changes to the test
2 March 2018
This year should see Brazil's recovery deepen, but also holds the risk of a presidential election derailing it
27 February 2018
The industry fears a López Obrador victory in July's presidential election could derail the country's reforms
20 February 2018
The resources are there and the reforms have opened the door to investors, but shale gas can't yet compete
8 February 2018
A year of further energy liberalisation and continued upstream and midstream expansion lies ahead
12 December 2017
The sovereign-wealth fund is a good idea—now it just needs some wealth to manage. The FMP’s executive coordinator spoke to Petroleum Economist
5 December 2017
The region has seen a decade of surging crude consumption come to a crashing halt. Refining woes mean imports are still on the rise
5 December 2017
Elections next year in Venezuela, Mexico and Brazil have pivoted politics to the region’s fore again. Can it break the self-destructive resource-nationalist cycle?
1 December 2017
Regulators have won high praise from the industry for progress to date, but the oil opening is still in its early days and fresh obstacles lie ahead
9 November 2017
A string of successful auctions has set the stage for an exploration boom in Mexican waters
6 October 2017
Plagued by debt, low oil prices and political turmoil, times have been troubled for Latin America's state-run energy firms
