Pemex

Recent Articles

Novum Completes First Sale of Imported Diesel to Mexican Retailer
Monday, August 14, 2017 US-based trading firm Novum Energy said it has completed its first sale of imported ultra-low sulfur diesel to a Mexico-based fuel retailer.
Exploration Chief: Mexico's Pemex Seeks Oil Projects In Americas
Wednesday, August 09, 2017 Pemex is looking for oil projects in the United States, Brazil, Colombia and Argentina to keep up output after an energy reform.
Mexico's Pemex Posts Profit For Third Straight Quarter
Thursday, July 27, 2017 Pemex reports a 32.8 billion peso ($1.8 billion) second-quarter profit.
Mexico's Pemex Says $5B Bond Deal Covers Needs Through 2018
Monday, July 24, 2017 Pemex says that recent bond placements totaling about $5 billion would cover its minimum financing needs through the end of 2018.
Tesoro Signs Deal with Pemex to Enter Mexico
Wednesday, July 19, 2017 The Texas-based refiner that will soon be called Andeavor will supply fuels in Mexico's Sonora and Baja California states.
Mexico Delays Next Oil Auction to Let Huge New Find Sink In
Monday, July 17, 2017 "International and national interest is awakening," said Mexico's chief oil regulator.
Mexico Oil Privatization Pays Off With Billion-Barrel Find
Wednesday, July 12, 2017 It's the first new find by a private company in the country in almost 80 years, according to consultant Wood Mackenzie.
Pemex Terminates Odebrecht Refinery Contract Amid US Probe
Tuesday, July 11, 2017 Pemex last month terminated a 1.8 billion peso ($100 million) contract with Odebrecht SA amid a probe by the U.S. Justice Department.
Sources: Pemex Declares Force Majeure On Maya Crude From Pacific Coast
Wednesday, June 28, 2017 Pemex has declared force majeure over at least two cargoes of Maya crude to be loaded at its Salina Cruz terminal.
Mexico's Pemex Sees Restart of Salina Cruz Refinery on July 30
Friday, June 23, 2017 The Pacific coast refinery is Mexico's biggest, with a daily processing capacity of 330,000 barrels of crude oil.
Mexico Seen Importing More US Gasoline With Top Refinery Out
Wednesday, June 21, 2017 Mexico is expected to increase imports from the US with Pemex's biggest refinery out of service for at least two weeks.
Two Killer Refinery Fires No Help as Pemex Seeks Partners
Friday, June 16, 2017 Pemex's bid to recruit partners to help run their facilities "was already a tough sell" because of the condition of the aging plants, said Tim Samples.
Mexico's Pemex Expects To Begin Restart Of Top Refinery
Thursday, June 15, 2017 Pemex says it expects to begin startup operations at its Salina Cruz refinery later in the day once it extinguishes a large fire that completely shut down the plant.
ExxonMobil Plans to Import Fuel to Mexico to Supply Its Gas Stations
Friday, May 19, 2017 ExxonMobil expects to open its first service stations in Mexico later this year and will sell gasoline and diesel fuels.
Glencore Agrees JV Deal to Supply Mexican Fuel Stations
Thursday, May 18, 2017 The new franchise will provide fuel, branding and ancillary retail services to 1,400 fuel stations in Mexico, the company said.
Fire Triggered by Suspected Fuel Thieves Kills Four in Mexico
Monday, May 15, 2017 The pipeline has a capacity of 73,000 barrels per day and transports gasoline and diesel from Pemex's Minatitlan oil refinery to Mexico City.
Mexican Fuel Importers Weigh Risk After Thefts Trigger Bloodbath
Wednesday, May 10, 2017 A gun battle May 3 between soldiers and huachicoleros, the local nickname for fuel thieves, left 11 people dead and many more injured and triggered protests in Puebla, where pipelines are often tapped to steal gasoline.
Mexico's Pemex Posts First Quarterly Profit In Five Years
Wednesday, May 03, 2017 Pemex reported a first quarter net profit of $4.7 billion, the firm's first quarterly profit since 2012.
CEO: Pemex Will Be Profitable By 2020
Wednesday, May 03, 2017 Pemex is taking advantage of energy reform and its finances are steadily improving, CEO tells OTC crowd.
Mexican Oil Regulator Approves First Onshore Joint Venture Projects
Friday, April 28, 2017 Mexico's first two onshore oil and gas projects to be developed by joint ventures between state-owned Pemex and new partners were approved.