pemex

It was déjà vu all over again for the Mexican oil industry, when President-Elect Andrés Manuel Lopez Obradór visited his home state Tabasco over the weekend to meet with Mexican service companies.

Mexico authorities must address a discrepancy between the level of transparency shown by national oil company Petróleos Mexicanos (Pemex) and that of national hydrocarbons commission CNH, the latter said Wednesday.

Suspension of oil and natural gas bid rounds by Mexico’s next government could lead to missed opportunities and cause drillers to look elsewhere to grow their portfolios, according to a local expert.

Mexico’s next government may conduct bid rounds aimed solely at boosting natural gas production, according to an official from the Comisión Nacional de Hidrocarburos (CNH).

Mexico has a “historical imperative to reverse” President Enrique Peña Nieto’s landmark 2013 constitutional energy reform, according to the country’s likely next hydrocarbons undersecretary, Alberto Montoya.

The energy platform of Mexico’s next government could negatively impact U.S. refiners and midstream companies, as well as the financial health of Mexico’s national oil company, Petróleos Mexicanos (Pemex), according to analysts.

Mexico’s incoming president, Andrés Manuel López Obrador, said his administration will put an end to hydraulic fracturing (fracking) in the country.

Mexico’s two leading state energy companies, which are no longer monopolies but which continue to dominate their sector, recorded losses totaling $10.3 billion in the second quarter.

Mexico’s two leading state energy companies, which are no longer monopolies but which continue to dominate their sector, recorded losses totaling $10.3 billion in the second quarter.