Mexican Oil Company Pemex Launches Post-Reform Corporate Makeover
Thursday, August 21, 2014 Mexico's national oil company, Pemex, says it had begun a corporate restructuring following the approval earlier this month of a historic energy overhaul that ended Pemex's decades-long monopoly.
Mexico's Pemex Poised To Import Light Crude From US
Friday, August 15, 2014 Pemex is poised to abandon a decades-old devotion to self-sufficiency in crude oil, entering talks with US companies about importing light crude from its northern neighbor.
Mexico Hopes To Lure $50.5B In Historic Oil Tender
Wednesday, August 13, 2014 Mexico energy regulator says it will assign oil and gas E&P contracts to foreign and private companies between next May and September under a major sector overhaul.
Rose Appoints New CEO for US Business
Friday, August 08, 2014 Rose Petroleum appoints John Blair as Director of Oil & Gas and as CEO of its US business.
Mexico Senate Approves Final Bill To Open Energy Sector
Thursday, August 07, 2014 Mexican lawmakers give final approval to an overhaul of the state-run energy sector aimed at luring billions of dollars in new investments by foreign and private oil companies.
Mexican Senate Approves Bulk Of Pending Energy Legislation
Tuesday, July 22, 2014 Mexico's Senate completes approval of the bulk of legislation setting out rules and regulations for President Nieto's opening of the oil and gas market, the cornerstone of his economic agenda.
Mexico Senate Gives General Approval To Key Energy Reform Bill
Friday, July 18, 2014 Mexico's Senate gives general approval early to a key bill to regulate the opening of the oil and gas industries to private investment, the centerpiece of President Enrique Pena Nieto's economic reform agenda.
Mexico's Pemex to Spend $6B to Maintain Output at Cantarell
Wednesday, July 02, 2014 Pemex will launch a $6 billion investment in 2017 aimed at maintaining current levels of production at its once-supergiant Cantarell field over the next decade, a Pemex official says.
Bloody Mexican Shale Fields Sit Idle While Texas Booms
Thursday, June 12, 2014 Surging crime, while dramatic, is just one of many obstacles thwarting a Mexican shale boom that is seen as years off at best.
Mexico's Pemex Ends 25-Year Partnership With Repsol
Wednesday, June 04, 2014 Pemex sells most of its stake in Repsol, and plans to unload the rest soon, ending a quarter-century partnership and freeing up cash to invest in in its own energy sector.
Pemex Selling 7.86% Of Repsol Worth $3 Billion
Tuesday, June 03, 2014 Pemex is selling a 7.86% stake in Repsol, worth about $3 billion at current market prices, Citigroup and Deutsche Bank say.
Tropical Storm Boris Forms Off Mexico, Heads Toward Key Refinery
Tuesday, June 03, 2014 Tropical Storm Boris forms off the southern Pacific coast of Mexico, churning northward toward Pemex's largest refinery Salina Cruz.
Mexico's Pemex Near Deal to Form Energy Fund with Chinese Firms
Thursday, May 29, 2014 Pemex is in the final stages of negotiating to form an investment fund with two Chinese companies that could eventually finance up to $5B in its energy infrastructure projects.
PEMEX Transforming Corporate Culture Ahead of Energy Reform
Tuesday, May 06, 2014 PEMEX is seeking to implement changes into its corporate culture to prepare for operations in Mexico's reformed energy sector, a company official says at OTC.
Report: Mexico's Pemex Prepares to Sell 9% Repsol Stake
Monday, May 05, 2014 Pemex hires Credit Agricole to sell its stake of just over 9% in Repsol, Spanish online newspaper El Confidencial reports, citing financial sources.
PEMEX Announces New Tender for Mudline Suspension Equipment
Tuesday, April 29, 2014 PEMEX Procurement International issues a new international public tender for the acquisition of mudline suspension equipment.
Pemex Chief Touts Mexico's Energy Reform In Washington Visit
Thursday, April 24, 2014 While energy reforms have opened the door for Mexico's state-run energy company to expand overseas, its focus for now will be on developing its "low-hanging fruit," the head of Pemex says.
McDermott's China JV Clinches Fabrication Contract from Jord
Friday, March 28, 2014 McDermott's joint venture in China clinches a module fabrication contract from Jord Oil and Gas Systems.
Repsol Shareholders Seal Argentina Deal But Pemex Tensions Linger
Friday, March 28, 2014 Shareholders of Repsol approved the $5B settlement with Argentina over the 2012 seizure of YPF at an annual meeting that also shed light on tensions with Pemex.
Mexico May Trim Pemex's Oil Field Wish List
Thursday, March 27, 2014 Mexico's energy ministry aims to find a middle ground between strengthening Pemex and ensuring major opportunities for new private producers, a top government official says.