Pemex

Recent Articles

Mexico's Pemex Posts Wider 2Q Loss On Lower Prices, Output
Tuesday, July 28, 2015 Pemex reports a bigger second-quarter loss, weighed down by a nearly 10% slide in crude output.
After Deadly Blast, 2.7 Million Barrels of Pemex Oil Go Missing
Friday, July 24, 2015 Since a deadly blast on April 1 tore through one of Pemex's offshore platforms, the Mexican oil giant baffles industry analysts with its assessment of the damage.
Mexico's Pemex To Submit Rest Of Deep Water Tie-Up Requests In August
Friday, July 24, 2015 Pemex plans to submit the remaining requests for tie-ups with private companies in five deep water fields in the Gulf of Mexico in early August, a senior executive at the state-run oil company says.
Mexico's Pemex To Ship 6 Million Barrels Of Crude To Japan Refinery
Friday, July 24, 2015 Mexico's Pemex said it agrees to ship six million barrels of its light crude to Japan's largest refinery over the next six months, as the state-run oil company seeks to further develop its ties with Asia.
Mexico Battles Bad Timing in 1st Sale of Oil Fields Since 1930s
Tuesday, July 14, 2015 Mexico waited 77 years to invite foreign oil producers back into its borders. That was one year too many.
Mexico's New Oil Era Is Here and Economic Legacy Is at Stake
Monday, July 13, 2015 Mexico's government is set to hold the first in a series of petroleum auctions that will help open the energy industry, bringing in an estimated $62.5 billion by 2018.
Mexico's Proven And Probable Oil Reserves Dip 7% In 2014
Tuesday, June 30, 2015 Total Mexican oil and gas reserves fell last year as Pemex was unable to certify enough new discoveries to compensate for current production, the country's oil regulator CNH says.
Pemex Confirms Gulf Oil Platform Accident, Impact Unclear
Monday, June 22, 2015 Pemex confirms there was an accident on an oil platform at one of its major operations in the southern Gulf of Mexico, but added any impact on output remained unclear.
Pemex Reports Its Largest Oil Find in 5 Years in Gulf of Mexico
Wednesday, June 10, 2015 Petroleos Mexicanos announces its biggest discovery in five years as the state-owned company seeks to reverse its decade- long decline in production.
Shale to Play Significant Role in Mexico's Energy Reform Success
Tuesday, June 02, 2015 A recent report outlines the landscape that oil and gas operators face in delving into Mexico's reformed energy sector.
Mexico Pushes Back Release Of First Oil Tender Contract, Bid Terms
Monday, May 25, 2015 Mexico's oil sector regulator, CNH, votes to delay the publication of the final production-sharing contract and bid terms for its initial shallow-water tenders.
Pemex E&P Head Hernandez Temporarily Reassigned After Accidents
Thursday, May 14, 2015 Pemex’ exploration and production director will be temporarily reassigned a week after a fatal oil platform collapse in the Gulf of Mexico.
SapuraKencana Clinches $269M Deals as Firm Ventures into Mexico
Tuesday, May 12, 2015 SapuraKencana Petroleum clinches $269 million engineering and constructions contracts in Asia and Mexico, where it will mark the commencement of its local operations.
Mexico to Tender Batch of Onshore Oil Fields in Energy Opening
Monday, May 11, 2015 Mexico's oil sector regulator approves the terms for its next package of contracts covering 26 onshore areas, part of the country's historic energy industry opening after decades of state control.
Source: Deadly Fire On Pemex Oil Platform To Cost Up To $780M
Tuesday, April 28, 2015 Losses associated with a deadly explosion on an offshore oil platform owned by Pemex will total as much as $780 million, says a source close to the discussions.
Pemex Sees 2015 Regional Oil Output Unaffected By Platform Blaze
Monday, April 06, 2015 Pemex expects to meet its 2015 output target at the platform that was affected by last week's fire.
Pemex Oil Platform Fire Kills 4 in Gulf of Mexico, 302 Evacuated
Thursday, April 02, 2015 At least four people died after a fire broke out on a Pemex oil processing platform in the Gulf of Mexico early on Wednesday, leading to the evacuation of 302 workers, the Mexican state-run oil company says.
Four Workers Confirmed Dead in PEMEX Platform Fire
Wednesday, April 01, 2015 PEMEX is battling a fire that broke out on an oil platform in Mexico's Bay of Campeche.
Keppel FELS Delivers Newbuild Jackup Kukulkan to Pemex
Tuesday, March 31, 2015 Keppel FELS delivers newbuild jackup Kukulkan to Petroleos Mexicanos.
Mexico's First Oil Tender to Feature Extended Exploration Period
Thursday, March 26, 2015 As Mexico opens up its oil sector to private producers for the first time in decades, the initial set of contracts up for grabs later this year will feature extended exploration periods.