US EditionThe reopening of Petrotrin - Trinidad and Tobago Newsday
10 Articles
10 Articles
Ángel Cid Munguía was appointed new head of Exploration and Extraction of Mexican Oils (Pemex) in place of Néstor Martínez Romero, and, as the first movement, ordered to reactivate, as of May 6, the oil wells that were closed, reveals a document to which El Financiero had access.“In the exercise of the powers granted (...) I assign to him the responsibilities and actions inherent to the Project of Reactivation of Closed Wells from the date on wh…
Mexico's Pemex with Water at its Throat reopens old inactive wells to produce more oil - Economic Scenarios
Pemex, Mexico's state oil company, plans to reopen mature oil wells in a bid to boost production, which has been declining steadily for years. According to a Reuters report , Mexico's state energy company filed a report with the U.S. Securities and Exchange Commission saying it expects average daily oil production of 1.58 million barrels per day this year. This figure compares with the government's production target of 1.8 million barrels per da…
The reopening of Petrotrin - Trinidad and Tobago Newsday
THE EDITOR: The potential reopening of Petrotrin is a topic of significant debate and holds both promise and concern for TT's future. As a once vital pillar of the national economy, Petrotrin’s reopening could stimulate job creation, revive local industries and bolster economic activity. Restoring its operations can also accelerate domestic oil refining and supply, reducing reliance on imports and strengthening energy security. However, critics …
The Mexican government confirmed that Petróleos Mexicanos (Pemex) maintains the aspiration to return to the capital markets to seek financing, although it acknowledged that the current conditions are still not favorable for the state oil company to issue new debt. Edgar Amador, Secretary of Finance, said in an interview with Bloomberg Linea that the company is focused on preparing the ground for an eventual return to the markets, in a medium-ter…
Mexican Oils (Pemex) is building the way for the state oil company to return to the capital market, Finance Secretary Edgar Amador told Bloomberg Línea.Interviewed in the context of the 88 Banking Convention, he said that from the dependence he heads is working together with Pemex and with the Energy Secretariat in a “very intense” way to support Pemex with financial solutions and options.
Ángel Cid Munguía, who was appointed new head of PEMEX Exploration and Extraction, ordered the oil wells that were closed to be reactivated as of May 6, according to a document from the company. Cid Munguía was in charge of this subsidiary, after the departure of Néstor Martínez Romero, who was part of the first management team of the oil company to start this six-year period. “In the exercise of the powers granted, I assign to him the responsib…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
