Cantarell is the largest oil field ever discovered and exploited in Mexico's history; its impressive dimensions placed it in sixth place in the very reduced category of supergiants known in the orb. Its reserves transformed the country's history and proposed new routes for Pemex to position it among the main oil-producing and exporting companies.
OIL AND GAS
Pemex at Sea, a look at offshore activities
The sea was a promise and Pemex was so clear about it that, since the second decade of its existence, it broke the barrier of land to develop the first marine seismological study in 1949, carried out in the northern portion of the Isthmus of Tehuantepec, on the continental platform of the Gulf of Mexico, with successful results that led...
The world oil industry continues to be submerged in the crisis in which it was involved in the first months of 2020 due to the coronavirus pandemic, and Petróleos Mexicanos (Pemex) is no exception.
On Wednesday next week, December 11th, Petroleos Mexicanos (Pemex) will issue $5 billion pesos in debt instruments in the domestic market to refinance credits, said the largest asset manager, BlackRock.
Through a press release, Pemex reported that at least five percent of computer equipment was damaged because of hacking.
In salt caves almost a kilometer below the surface, on the coasts of Texas and Louisiana, the U.S. holds one of its greatest treasures for turbulent times: millions and millions of barrels of oil.
Pemex will have 8 priority projects
Pemex will develop 8 priority projects, which include the use of pipelines and transportation of oil, according to the Business Plan.
President Andrés Manuel López Obrador announced Thursday the refinancing of a loan for the amount of 8 billion dollars that will be destined to Petróleos Mexicanos (Pemex).
The President Andrés Manuel López Obrador signed a decree and an agreement with the banking institutions HSBC, J.P. Morgan, and Mizuho Securities, to strengthen the finances of Petróleos Mexicanos (Pemex) for up to eight billion dollars.