Mexico's state-run oil firm Pemex could delay to next year a call to energy...
HOUSTON - Mexico’s state-run oil firm Pemex could delay to next year a call to energy companies to form joint ventures planned for October, amid government complaints that firms have not invested quickly enough to make good on the promises of the energy reform, the country’s energy secretary said on Wednesday.
Pemex has so far had mixed results in its strategy of finding foreign partners to form joint ventures. In 2016, BHP Group was chosen to partner with Pemex in the country’s flagship offshore project Trion.Oil firms have only invested $800 million out of the billions of dollars committed to over 100 new Mexican energy projects, Rocio Nahle told journalists at CERAWeek by IHS Markit conference in Houston.
Mexico is under pressure to boost the country’s oil output and strengthen Pemex following a long-standing production decline that reduced the oil firm’s crude output to 1.62 million barrels per day in January, below the 2019 target. Crude exports were 1.07 million bpd. “Pemex has its own project of drilling 116 wells. As that project develops, it will decide if farmouts will be called this year or next,” the secretary added.Low refining rates increasingly are forcing Pemex to import over 800,000 bpd of gasoline and other refined products, according to official data, even as the government strives to minimize fuel theft.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Mexico's Urzua says 'significant' new help for Pemex likely soonMexico's government will likely announce 'significant' new measur...
और पढो »
Mexican president says respects work of ratings agencies after Pemex downgradesMexican President Andres Manuel Lopez Obrador said on Thursday that the governme...
और पढो »
Mexico Senate picks wife of president's business ally for Supreme CourtMexico's Senate on Tuesday chose the wife of a business ally of President A...
और पढो »
Mexico backs Disney-Fox deal, orders sale of Fox Sports channelsMexico's telecoms regulator said on Tuesday it had approved the Walt Disney...
और पढो »
Lopez Obrador rebuts finance ministry over $2.5 billion Mexico refinery fundingMexican President Andres Manuel Lopez Obrador on Tuesday denied any delay to a f...
और पढो »
U.S. working on steel, aluminum tariff relief for Mexico, Canada: trade chiefThe United States is working on a plan to lift tariffs from Mexican and Canadian...
और पढो »
Thousands evacuated from BBVA's Mexico City offices after threatsNearly 11,000 people were evacuated on Wednesday from the Mexico City offices of...
और पढो »
Mexico launching search for migrants pulled off bus by gunmen near the U.S. borderMexican authorities say migrants have been kidnapped from two buses bound for the U.S. border in recent weeks. The migrants disappeared near San Fernando, the site of a notorious mass killing of 72 migrants in 2010.
और पढो »
U.S. expands return of asylum seekers to Mexico to new ports of entryThe United States is expanding its program to send asylum seekers back to Mexico...
और पढो »