Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2017-10-30 11:10:00

PEMEX PRODUCTION DOWN 18%

PEMEX PRODUCTION DOWN 18%

REUTERS - Mexican national oil company Pemex reported on Friday that September crude production fell 18 percent from the same month last year, marking three consecutive months with oil output coming in below 2 million barrels per day.

September output averaged 1.73 million bpd, down from 1.93 million bpd in August.

Natural gas production also slipped in September for Pemex, officially known as Petroleos Mexicanos. The company averaged 4.302 billion cubic feet per day, down more than 23 percent from September 2016.

Crude exports followed the downward trend in September, sinking nearly 19 percent to reach 1.159 million bpd.

Pemex's crude production has fallen steadily since its peak of 3.4 million bpd in 2004.

Seeking to reverse the stubborn output slump, a sweeping oil opening finalized in 2014 ended the company's decades-long monopoly and allowed private producers to operate their own fields for the first time.

Through the first nine months of this year, average crude production stands at 1.97 million bpd.

-----

Earlier:

IMF WANTS PEMEX
2016, November, 23, 18:35:00

IMF WANTS PEMEX

A particularly important aspect of this consolidation pertains to reforms in PEMEX, the state-owned oil company. Earlier this month, PEMEX released a five-year business plan that aims at turning the company profitable by 2020, through efficiency improvements and a focus on high-return activities.

 
 MEXICO'S POTENTIAL: $415 BLN
2016, November, 7, 18:40:00

MEXICO'S POTENTIAL: $415 BLN

After a decade of volatile GDP growth and steadily increasing gas and power demand, Mexico continues to progress toward an unbundling of the monopolies Pemex and CFE once held over its gas and power sectors. According to a recent study by Wood Mackenzie, these reforms have created the potential for approximately US$415 billion in investment over the next two decades as the country builds pipelines, develops a renewables market to meet clean energy targets, and sets the stage for M&A.

 

 PEMEX DEBT UP
2016, October, 4, 18:30:00

PEMEX DEBT UP

The two bonds, valued at USD 2 billion each and issued in a financial operation that started early in September, will carry maturities of seven and close to 31 years. They pay yields of 4.62% and 6.75%, respectively, according to Pemex CFO Juan Pablo Newman. Now with greater maturity, Pemex’s repurchased debt, which was due to mature in 2018 and 2019, has reduced the risks of the company’s debt portfolio.

 

 PEMEX NET LOSS $7.7 BLN
2016, July, 29, 18:30:00

PEMEX NET LOSS $7.7 BLN

Mexican state oil company Petróleos Mexicanos on Thursday said it recorded an after-tax loss of $4.4 billion in the second quarter, as lower oil prices and output hit sales and hefty exchange losses boosted its financial costs.

 

 MEXICO'S RESERVES DOWN 21%
2016, April, 5, 18:25:00

MEXICO'S RESERVES DOWN 21%

Mexico's proven oil and gas reserves dropped 21.3 percent in 2015, the oil regulator said on Thursday, as the state-run oil company, Pemex, cut back on investment because of plunging crude prices.

 

 PEMEX WILL SPEND $23 BLN
2015, December, 11, 19:30:00

PEMEX WILL SPEND $23 BLN

The $23 billion in downstream projects would enable a 7 million-tonne/year reduction in the Mexico’s carbon dioxide emissions.

 

 PEMEX CUTS $4 BLN
2015, February, 20, 21:50:00

PEMEX CUTS $4 BLN

Pemex cuts budget by $4 billion

 

 

 

 

 

Tags: PEMEX, MEXICO

Chronicle:

PEMEX PRODUCTION DOWN 18%
2018, October, 17, 10:10:00

SAUDI - INDIA'S DOWNSTREAM

MEOG - Judaimi highlighted that the closer cooperation between Saudi Aramco and Indian energy entities is reflected in the partnership with RRPCL and ADNOC on the Ratnagiri mega-refinery and petrochemicals complex in Maharashta this year. He noted that nearly $2 billion in material-service sourcing with Indian companies to date; and the opening of the Aramco Asia India office in 2017.

PEMEX PRODUCTION DOWN 18%
2018, October, 17, 10:05:00

U.S. IN EUROPE

REUTERS - The United States must not determine European energy policy or decide whether Germany buys Russian gas, a top German diplomat said on Tuesday.

PEMEX PRODUCTION DOWN 18%
2018, October, 17, 10:00:00

TOTAL IN RUSSIA: THE LARGEST

FT - “Total has great ambition in this country, we want to be the largest foreign oil and gas player here,” the company’s chief executive Patrick Pouyanné said on Monday at the launch of a factory outside Moscow. 

PEMEX PRODUCTION DOWN 18%
2018, October, 17, 09:55:00

PETROBRAS - CNPC COOPERATION

PLATTS - Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to complete construction of a refinery and revitalize four mature fields in the offshore Campos Basin, the state-owned Brazilian company said

All Publications »