New plan for Pemex is insufficient: Intercam

New plan for Pemex is insufficient: Intercam

Mexico City. The National Hydrocarbons and Gas Strategy presented by the federal administration for the rescue of Petróleos Mexicanos (Pemex) “is insufficient” since it does not seem that it resolves the underlying problem of facing its debt and improving its operating processes, Intercam warned. . “The plan presented is insufficient, although there are many details … Read more

In February Sheinbaum will present secondary laws for Pemex and CFE

In February Sheinbaum will present secondary laws for Pemex and CFE

After signing the decree last month through which the Federal Electricity Commission (CFE) and Petróleos Mexicanos (Pemex) return to being public companies of the State, President Claudia Sheinbaum announced that in February the secondary laws in this subject. Although he considered that there was progress on this route during the six-year term of President Andrés … Read more

It is still “early” to know the impact of energy reform: Experts

It is still “early” to know the impact of energy reform: Experts

Mexico City. The positive or negative impacts that may be generated by the constitutional reform that returns Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) to their status as public companies cannot yet be known, since “it is early” to estimate it, experts from the Mexican Wind Energy Association (AMDEE). “It is really still … Read more

The CRE appoints Pedro Jesús Lara as executive secretary

The CRE appoints Pedro Jesús Lara as executive secretary

Mexico City. By unanimous vote, the governing body of the Energy Regulatory Commission (CRE) appointed Pedro Jesús Lara Lastra as Executive Secretary of the regulatory body. In an extraordinary session, the commissioners approved that as of October 25, he will occupy the position that was held for almost two years by Eugenia Guadalupe Blas Nájera, … Read more

Pemex Energía, pillar of energy sovereignty without neglecting finances

Pemex Energía, pillar of energy sovereignty without neglecting finances

Mexico City. “Traditional” Petróleos Mexicanos (Pemex) will be the foundation in the government of President Claudia Sheinbaum Pardo to give way to Pemex Energía, a transformation of the oil company that will result in continuing to be a pillar of energy sovereignty with the inclusion of a new portfolio of less polluting energy and financial … Read more

Private energy firms have nothing to worry about: Altagracia Gómez

Private energy firms have nothing to worry about: Altagracia Gómez

Mexico City. Before businessmen from the energy sector, Altagracia Gómez Sierra, coordinator of the Regional Council for Relocation and Development, indicated that the government of President Claudia Sheinbaum Pardo will respect private investments and reiterated that the strengthening of state companies will not impact the rest of the the participating firms. In the context of … Read more

Senate endorses energy reform; reverses that of Peña Nieto

Senate endorses energy reform; reverses that of Peña Nieto

With the qualified majority of Morena and its allies, the Senate last night approved in general and in particular the constitutional reform that returns to Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) their character as public companies and returns to the State Mexican control of its strategic resources. The vote was 86 votes … Read more

With reforms, the objective of CFE and Pemex will be public service: Sheinbaum

With reforms, the objective of CFE and Pemex will be public service: Sheinbaum

During the presentation of the scope of the constitutional reforms in energy and railway matters, President Claudia Sheinbaum stressed that they are fundamental modifications to recover the role of the State in both areas. In the first case, he said, it will allow the consolidation of energy sovereignty and, especially, it will allow the central … Read more

Pemex will strengthen and adapt to a new era: Víctor Rodríguez

Pemex will strengthen and adapt to a new era: Víctor Rodríguez

Mexico City. In the government of President Claudia Sheinbaum Pardo, Petróleos Mexicanos (Pemex) will not only be strengthened and maintained as a public company, but will adapt to new global horizons so that the population has cheap and accessible energy, indicated Víctor Rodríguez Padilla, director of the oil company. “The objective is clear: to consolidate … Read more

Pemex and CFE recover the status of state companies

Pemex and CFE recover the status of state companies

The Chamber of Deputies specifically approved by 350 votes in favor and 111 against, the reform through which Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) recover the category of “public companies of the State” and establishes that the latter must have a predominant character in the electricity sector, with respect to private companies. … Read more