US EditionPemex Bets on Private Partnerships to Reverse Oil Decline
7 Articles
7 Articles
Pemex Bets on Private Partnerships to Reverse Oil Decline
Mexico’s state oil giant Pemex faces mounting debt and falling oil production. The company’s debt is nearly $100 billion, and it owes another $22 billion to suppliers. Production has shrunk for years, putting Mexico’s fuel supply and economy at risk. Now, Pemex is trying a new way. The government has confirmed that Pemex signed 11 […]
Mexican Oils (Pemex) prepares the last details to carry out the operation of its new mixed contracts for the development of oil fields, in which it will seek to maximize the resources of fields of all its geologies by recharging in the private capital through partnership schemes.With this, the state will face a challenge for the haste and the way in which they are tendered, as well as for the terms of the contracts, experts said.According to the…
Following the recent reform of the energy sector, Petróleos Mexicanos (Pemex) signed the first mixed contracts with the aim of promoting the merciless production of hydrocarbons by private sector partners. As stated in President Claudia Sheinbaum’s First Government Report, the state public company has already signed the first 11 contracts under the new format. The objective is to specify 21 mixed schemes this 2025 and reach 450,000 barrels per d…
Petróleos Mexicanos (PEMEX) concluded the signing of the first 11 mixed contracts under the new regulatory model that allows it to make alliances with the private industry, preserving the ownership and control of the oil areas, says the First Government Report of President Claudia Sheinbaum. “A tender was launched for mixed projects with private ones to reactivate 400 closed wells, with the aim of incorporating 13,000 barrels per day,” the repor…
The state oil company Pemex has concluded the signing of the first 11 mixed contracts with which it seeks to reverse the fall in its oil production. It is a public-private participation scheme derived from the most recent energy reform, in which private partners will contribute capital and technology for the development of fields owned by the company. With this, the federal government intends to support the recovery of the company, which carries…
President Claudia Sheinbaum's government report states that the first 11 contracts were signed as part of an initial phase
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
