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CNH Approves Modification to Development Plan for Campo Terra
By MBN Staff - Tue, 02/06/2024 - 14:11
CNH approved a modification to PEMEX Exploración y Producción's (PEP) development plan for Campo Terra.
https://mexicobusiness.news/tag/finance-investment
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Mexico's Hydrocarbon Sector Sees Surge in Investments
By Karin Dilge - Tue, 02/06/2024 - 06:15
Investments in hydrocarbon exploration and extraction have surged, driven by both private operators and PEMEX.
CNH Approves Exploration Well Investment of US$93.1 Million
By MBN Staff - Thu, 01/25/2024 - 12:00
CNH approved the exploration of the Sihil-101EXP offshore well and the Chiltepec-1EXP onshore well.
CNH Approves Vista Oil & Gas to Renounce Contractual Areas
By Karin Dilge - Thu, 12/07/2023 - 13:01
CNH greenlighted Vista Oil & Gas's strategic move to renounce specific contractual areas obtained during oil rounds from the Energy Reform.
PEMEX to Allocate US$6.3 Billion to Pay Interest on Debt
By Karin Dilge - Wed, 12/06/2023 - 11:45
PEMEX will allocate over MX$109 billion (US$6.3 billion) solely for the interest on its long-term financial debt this year.
PEMEX Nears Completion of Tula Refinery's Coking Plant
By Karin Dilge - Tue, 12/05/2023 - 11:35
PEMEX is about to start operations at the new coking plant of the Tula refinery in December.
Lakach Development Continues Despite PEMEX, New Fortress Split
By Karin Dilge - Mon, 12/04/2023 - 14:40
Despite PEMEX and New Fortress Energy cutting ties, the development of the Lakach natural gas field continues.
PEMEX Reports Significant Losses Between July, September
By Karin Dilge - Mon, 10/30/2023 - 14:13
PEMEX reported a substantial net loss of MX$79.134 billion in 3Q23.
PEMEX and its Union Sign Deal for Significant Compensation Boost
By Karin Dilge - Thu, 10/19/2023 - 05:09
PEMEX reached a significant agreement with its union, promising a 7.82% increase in combined compensation and benefits for its employees.
PEMEX's Debt Costs See Largest Annual Drop in a Decade
By Karin Dilge - Wed, 10/18/2023 - 13:39
The financial cost of PEMEX’s debt experienced a 20.6% reduction in the first eight months of 2023, marking the largest yearly decrease in a decade.