energy reform

President Andrés Manuel López Obrador announced that the tender for the construction of the new refinery will begin in March 2019

President Andrés Manuel López Obrador announced that in 2019, PEMEX will have MXN $75,000 million more than in 2018

Despite higher fuel prices, people still queued to buy fuel

Upcoming deepwater oil tender may include the first areas from the Cordilleras Mexicanas basin, a senior official said on Monday

Guillermo Garcia, president of the commission, told a news conference market prices for gasoline and diesel will be rolled out gradually by regions

7-Evelen's new endeavor is possible thanks to the recent constitutional reform, which officially ended the 75-year-long monopoly of the state-owned oil company, Pemex.

Mexican state oil company Pemex risks getting little or no compensation for the billions it invested in fields now set aside for private competitors in a landmark energy reform

Mexico's president said businesses will be able to begin importing gasoline and diesel as of April 1.

Mexico has awarded contracts for exploration and production on land and in shallow water since the 2014 reform that ended seven decades of state monopoly on the oil business.

Pemex said crude output for the quarter was down 5.5 percent, and natural gas production dropped nearly 1.7 percent.