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Oil Investments Stalled in 2022
By Perla Velasco - Mon, 02/13/2023 - 09:35
Foreign Direct Investment in oil plummeted 63% during 1Q22. Investments for exploration, evaluation and development of approved plans grew by 10.39%.
https://mexicobusiness.news/tag/finance
More Oil & Gas
ASF Finds Irregularities in PEMEX Contracts
By Perla Velasco - Mon, 11/07/2022 - 08:21
The ASF encountered the payment of surpluses, irregularities and delays in maintenance after it audited the NOC.
2023 Economic Package Contemplates Dip in Oil Prices
By Perla Velasco - Fri, 10/21/2022 - 08:38
Deputy Minister of Finance highlighted the risk of a dip in oil prices in 2023 but ensured Mexico is shielded from its effects.
Fuel Subsidies Result in Financial Complications for Government
By Anamary Olivas - Fri, 06/17/2022 - 17:37
Experts argue fuel’s tax exemptions may be excessive. the strategy will eventually take its toll.
Mapping Supply Chains and the Path to Their Improvement
By Pedro Alcalá - Fri, 02/18/2022 - 13:23
Avellaneda details the importance of specialized partners like Achilles Information Ltd in the process of building better oil and gas supply chains.
Investors Want PEMEX to Increase ESG Efforts
By Cas Biekmann - Wed, 02/16/2022 - 18:10
PEMEX needs to make better ESG plans to attract investments, according to investors. Read this and more in the roundup!
PEMEX Union Veteran Wins Leader Elections
By Cas Biekmann - Wed, 02/02/2022 - 15:53
PEMEX’s union elections, its debt and oil production figures are among this week’s top stories.
Mexico Retains Oil Hedge Size Despite Planned Export Stop
By Cas Biekmann - Wed, 01/26/2022 - 15:17
Dos Bocas, Mexico’s oil hedge and the PEMEX union vote are among this week’s top stories.
Government Authorizes US$3.5 Billion Helping Hand to PEMEX
By Cas Biekmann - Tue, 12/07/2021 - 17:28
Using government support, PEMEX aims to improve its financial situation and make further changes in its structure.
Mexico Receives Record-Amount FDI in Oil and Gas Production
By Cas Biekmann - Tue, 12/07/2021 - 11:15
Foreign Direct Investment reached record highs in 2021, though private companies are struggling with current developments.