Mexico Oil & Gas

Subscribe to our newsletter and get the most up-to-date information of the Oil & Gas Industry with our Article of The Week! PEMEX is taking action on overdue payments, pledging to settle debts with 120 local suppliers in Ciudad del Carmen by Dec. 15.

The National Hydrocarbons Commission (CNH) suspended two key plenary sessions, affecting pending procedures for PEMEX and other energy sector companies. This decision follows the recent energy reform approved by Congress, which dissolves CNH, transferring its functions to the Ministry of Energy (SENER).  Read the full article on Mexico Business News. #EnergyReform #MexicoEnergy #CNH #PEMEX #SENER #EnergySector #Regulation #Transparency #Investment #OilAndGas

In conversation with Mexico Business News, Arturo Quintanilla, Director General, Hytorc América Latina, highlights the importance of automation, proper torque application, and the need for stronger safety regulations in different industries. He also shares how HYTORC is adapting to supply chain complexities, collaborating with robotics developers, and driving awareness about torque as a critical factor in industrial efficiency and safety. Discover HYTORC’s vision for growth in Mexico and Latin America. Read the full interview on Mexico Business News. #Innovation #OilAndGas #Mining #PowerGeneration #IndustrialSolutions #Sustainability #Automation

PEMEX is taking action on overdue payments, pledging to settle debts with 120 local suppliers in Ciudad del Carmen by Dec. 15. This move, involving MX$140 billion (US$6.904 billion) in outstanding invoices, follows a critical virtual conference with PEMEX executives and local business leaders. Marcial Díaz, President, ARSE, emphasizes that this payment plan aims to ensure industry standards and support financial stability for local businesses. With backing from banks and the Ministry of Finance, this initiative promises to boost the local economy, benefiting around 140 companies directly contracted with PEMEX. Read more about this impactful development on Mexico Business News. #PEMEX #CiudadDelCarmen #EnergyIndustry #SupplierPayments #EconomicBoost #MexicoBusiness #OilAndGas 

Mexico has large structural needs and PPPs could help it effectively address challenges, says AINDA Energía & Infraestructura’s José Pablo Rinkenbach. Read the full interview at Mexico Business News! https://lnkd.in/eBRHeGW6 #ViewFromtheTop #MexicoBusinessNews #EnergyMexico #Infrastructure #Development #MBPV

McDermott has secured a front-end engineering design (FEED) contract from Repsol Exploración México for the Polok and Chinwol fields in the Gulf of Mexico. This contract underscores McDermott's expertise in subsea engineering and engineering, procurement, construction, and installation services. The project will be managed from McDermott's Houston office, focusing on delivering innovative and cost-effective solutions.  Read more about this project at Mexico Business News. #McDermott #Repsol #GulfofMexico #FEEDContract #SubseaEngineering #EPCI #EnergyIndustry #OilAndGas

The business community in Ciudad del Carmen is sounding the alarm over PEMEX's delayed payments, which are putting local suppliers in a dire financial situation. Last week, local businesses met with Juan Carlos Carpio Fragoso, PEMEX’s Corporate Finance Director, to address mounting debts, but many companies are still struggling to meet year-end obligations such as employee bonuses, social security payments, and taxes. Stay updated on this developing story and more from the energy sector by reading the full article at Mexico Business News. #PEMEX #BusinessCrisis #EnergySector #LocalSuppliers #DebtCrisis #CiudadDelCarmen 

CNH has approved a second two-year exploration period for Eni México in the contractual area CNH-R02-L01-A9.CS/2017 in Tabasco's shallow waters. This approval allows Eni to continue its exploration activities across a 562.37km2 area, bolstering the region's hydrocarbon development. Eni México has met all requirements, including drilling an exploratory well, ensuring seamless progress into this new period starting Dec. 12, 2024. This decision underscores the ongoing commitment to energy exploration and development in Mexico. Stay updated with the latest in Mexico's energy sector and read the full article at Mexico Business News! #EniMexico #Eni #CNH #EnergyExploration #Tabasco #Hydrocarbons #MexicoEnergy #OilAndGas #EnergySector #MexicoBusinessNews #ExplorationApproval #SustainableEnergy #EnergyDevelopment

PEMEX is clarifying recent reports. The NOC is not freezing contracts but temporarily pausing processes that are not yet formalized. This allows for a comprehensive analysis of operational and budgetary efficiencies, aligning with the 2025 economic package. This measure, impacting PEMEX’s Exploration and Production division, aims to ensure operational continuity and business impact.  Despite facing significant debt, PEMEX remains focused on improving liquidity and aligning with President Claudia Sheinbaum's fiscal relief measures.  👉 Read the full article and more at Mexico Business News.  #PEMEX #EnergySector #OperationalEfficiency #BudgetAnalysis #MexicoEnergy #FiscalRelief #EconomicPackage #AMESPAC #OilAndGas #MexicoBusinessNews #2025EconomicPlan

Subscribe to our newsletter and get the most up-to-date information of the Oil & Gas Industry with our Article of The Week! President-elect Donald Trump’s proposed tariffs on goods from Mexico, Canada, and China spark concern among oil lobbying groups.