YOUR NEED-TO-KNOW NEWS ON MEXICO IN THE GLOBAL ECONOMY

“While Chevron and our partners have decided not to continue exploratory work on Block 22, Chevron’s Gulf of Mexico business will maintain an office in Mexico City and will continue to monitor industry developments in the country.”

Deena McMullen, Chevron’s head of external affairs in North America

Hokchi Energy initiates dispute with Pemex over US $188M debt News outlet Latinus reported that three companies, including Hockhi Energy, are owed US $500M this year by the state oil company. Read more.

Hokchi Energy initiates dispute with Pemex over US $188M debt

News outlet Latinus reported that three companies, including Hockhi Energy, are owed US $500M this year by the state oil company. Read more.

Bloomberg: Chevron to exit Mexico’s petroleum market The California-based oil company will return its Gulf of Mexico exploration block to the government, but maintain an office in Mexico City. Read more.

Bloomberg: Chevron to exit Mexico’s petroleum market

The California-based oil company will return its Gulf of Mexico exploration block to the government, but maintain an office in Mexico City. Read more.

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How’s Pemex doing?

Pemex crude oil production and processing dropped in July The state-owned company is struggling to meet government targets for crude oil output and processing after reaching a high point in April. Read more.

Pemex crude oil production and processing dropped in July

The state-owned company is struggling to meet government targets for crude oil output and processing after reaching a high point in April. Read more.