pemex

Since its founding in 1938, the Mexican state oil and natural gas company Petroleos Mexicanos (Pemex) has been regarded with reverence as a symbol of national sovereignty. Yet amid the enthusiasm and the controversy generated by the 2013-14 energy reform, the company has often appeared to be an afterthought.

The Mexican government has set the final fiscal terms for next year’s auctions of deepwater oil and natural gas assets in the Gulf of Mexico (GOM).

Carlos Trevino on Monday was appointed director-general of Mexico’s state-owned oil and natural gas company Petroleos Mexicanos (Pemex) by President Enrique Pena Nieto.

Mexico’s state-owned oil and natural gas company Petroleos Mexicanos (Pemex) earlier this month all but sealed its financial plans for next year with a bond issue of 450 pounds sterling (US$650 million) just before the Mexican Lower House completed a marathon sitting that submitted the complete 2018 federal budget for final approval by President Enrique Pena Nieto.

Petroleos Mexicanos (Pemex) has made its largest onshore discovery in the last 15 years at a well in the southern state of Veracruz, Mexican president Enrique Pena Nieto announced at the end of last week.

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 gas market without question, the upstream regulator, the CRE, recently reported.

Two of three oil and natural gas exploration and production (E&P) farmouts on offer with Mexico’s Petroleos Mexicanos (Pemex) were snapped up Wednesday in an auction organized by upstream regulator, the National Hydrocarbons Commission (CNH).

Mexico’s National Hydrocarbons Commission (CNH) has approved the final list of participants in three farmout auctions scheduled for next week.