Insight
Carlos Rafael Murriera Cummings
Chief Operating Officer
PEMEX
Through 2013, PEMEX continued to play a paramount role in amassing Mexico’s government take.
I am hopeful that PEMEX will be given the incentives and flexibility of a normal company, with the necessary budgetary autonomy, the power to draft…
News Article
After operating in a monopolistic environment for over 75 years, PEMEX now has two years to transform itself into a productive enterprise of the state
View from the Top
Carlos Rafael Murriera Cummings
Chief Operating Officer
PEMEX
The final results did not conform to what had been expected.
There are many different ways to handle this and we need to be open to other companies’ participation in several fields.
Insight
Carlos Rafael Murrieta
COO
PEMEX
“We need to be open to different options and define the possibilities of how various parties can become involved."
View from the Top
Carlos Rafael Murrieta Cummings
Chief Operating Officer
PEMEX
Refining activities will be affected to a significant degree.
We want to be treated as a normal private company in terms of information sharing: if we supply confidential or valuable information to another…
Insight
Carlos Rafael Murrieta
COO
PEMEX
We need to keep a balance in our portfolio, but in the short-term, we need to emphasize the incorporation of 1P reserves.
Over the last few years, Pemex noticed that there were opportunities to optimize its approach to the maintenance activities that it should be…
Analysis
Over the last few years, Pemex noticed that there were opportunities to optimize its approach to the maintenance activities
Insight
Carlos Rafael Murrieta
Chief Operating Officer
PEMEX
“For 20 years, Pemex believed it did not need any help in advancing projects from early exploration stages to production”
The key is to make the necessary investment to maintain a reserve replacement rate above 100%; this should be our first priority
Insight
September 2011 marked a new starting point for Pemex Exploration & Production, with the reorganization of its internal structure