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Low Oil Production: The Week in Oil and Gas
By Perla Velasco - Thu, 03/28/2024 - 13:23
National oil production hit its lowest in 15 months. Meanwhile PEMEX deals with an oil spill in Deer Park, Texas.
https://mexicobusiness.news/tag/oil-production
More Oil & Gas
CRE Delays Ultra-Low Sulfur Diesel Adoption
By Perla Velasco - Thu, 09/21/2023 - 10:36
SENER claims that PEMEX does not have the infrastructure to carry out the adoption of ULSD.
Oil Prices on the Rise
By Perla Velasco - Wed, 09/20/2023 - 12:48
Oil prices are on the rise months after OPEC announcements of production cuts and speculation about Chinese and global demand.
PEMEX Revenues Plunge 21.4% in July
By Karin Dilge - Fri, 09/01/2023 - 01:29
PEMEX faces a sharp annual revenue decline in July, driven by falling oil prices and production woes.
PEMEX Survives 1H23
By Perla Velasco - Thu, 08/10/2023 - 09:46
PEMEX seeks to refinance its debt as it faces upcoming financial obligations. This is the Week in Oil and Gas!
PEMEX Reports Profits in 1H23
By Perla Velasco - Mon, 08/07/2023 - 16:16
For the second year in a row, PEMEX has reported net profit in 1H23, according to IMCO.
OPEC Courts Mexico, Seeks Price Stabilization
By Karin Dilge - Mon, 07/10/2023 - 07:43
OPEC Secretary General confirms discussions with Mexico, seeks to strengthen market cohesion and support stable oil prices.
AINDA Increases Stake in Hokchi
By Perla Velasco - Thu, 06/29/2023 - 12:34
AINDA increases stake in Hokchi Energy to 8% following approval from CNH.
Oil industry Shrinks Further
By Perla Velasco - Thu, 06/29/2023 - 12:24
Trafigura reduced operations in Mexico, as Repsol deals with sanctions over an abandoned block. This and more in your weekly roundup!
The US, The EU Expected to Feel Impact of Saudi Arabia’s Oil Cuts
By Perla Velasco - Mon, 06/26/2023 - 17:45
Saudi Arabia pledged to cut oil production by 10% next month. The impact of this cut is expected to be particularly felt in the US and the EU.