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PEMEX Reports Lower Income on Fuel Sales
By Perla Velasco - Tue, 12/27/2022 - 13:23
Despite higher demand and sales, PEMEX reported less revenue than in the previous month.
https://mexicobusiness.news/tag/gasoline
More Oil & Gas
Present, Future of Natural Gas Vehicles For Transport In Mexico
By Andrés Bayona - Mon, 12/26/2022 - 10:00
The benefits of natural gas in vehicles are many. A concerted effort is needed to realize the opportunities from this fuel, writes Andres Bayona.
Subsidies on Gasoline Continue to Decrease
By Perla Velasco - Mon, 12/19/2022 - 10:42
Toward the end of the year, oil prices gradually decreased, and subsidies have been cut gradually.
PEMEX to Import All of Deer Park’s Production by 2024
By Perla Velasco - Wed, 12/14/2022 - 15:50
As part of its energy self-sufficiency goals, PEMEX bought half of Shell’s Deer Park refinery, and the investment has already been recovered.
Fuel Subsidies Cost the Government MX$88.59 Billion
By Perla Velasco - Fri, 12/02/2022 - 16:26
This is the seventh consecutive month that the IEPS reports a negative balance. IEPS collection has amounted to a loss of MX$88.59 billion in 2022.
Moody's Says PEMEX’s Refining Strategy Proves Harmful
By Perla Velasco - Thu, 11/24/2022 - 15:41
Moody’s downgraded PEMEX’s credit rating while the NOC lost money from its refined products in 3Q22.
PEMEX Appears to Retake Plans to Fix Flaring
By Perla Velasco - Thu, 11/24/2022 - 08:00
After million-dollar fines for emissions, PEMEX announced that it will stop flaring at Ixachi.
CNH Approves Exploration Plans; CRE Approves Permits
By Perla Velasco - Wed, 11/23/2022 - 15:52
CNH approved exploration plans for TotalEnergies, Eni, Repsol and Shell. CRE approved 43 permits for selling gasoline and diesel.
CRE Goes on Permit-Approval Spree In 2022
By Perla Velasco - Thu, 11/17/2022 - 12:09
The commission had accumulated over 800 stalled permits. CRE has approved more permits this year than the two previous ones together.
Gasoline Subsidies Decrease
By Perla Velasco - Fri, 11/11/2022 - 11:06
The subsidies for Magna and Premium gasoline decreased to 89.92 percent. Diesel subsidies stay at 100 percent.