México, Thursday , July 19 , 2018 19:50 hrs.
Science & Tech
Pemex sells PMV stake to Mexichem
Mexico (Notimex) – Mexican state-owned oil firm Pemex has sold its 44 percent stake in Petroquímica Mexicana de Vinilo, PMV, to Mexichem for $3.4 billion pesos.
“Pemex is moving forward with the 2017-2021 Business Plan and consolidating its finances, as well as improving competitiveness in strategic areas with more productivity in the new global energy industry context,” the company said in...
Pemex to be more attractivefor next round of bids
Mexico (Notimex) - Mexican oil firm Pemex will be more attractive for the next round of bids for partnerships, said the company's head of Resources, Reserves and Partnerships, Ulises Hernández.
"Let's not forget we will begin working in deep waters and non-conventional fuels. Also, in areas where Pemex has reached maturity levels, it will be necessary to implement new techniques to produce more...
Fullgas eyes Mexican and South American markets
Mexico (Notimex) - Mexican gas station firm Fullgas will invest $70 million to open 360 filling stations in Mexico over the next three years.
The company is also eyeing expansion to other markets in the region, such as Guatemala and Colombia.
Fullgas will seek small enterprises for their franchises, in locations where large companies are uninterested, said the company's operations director, Jesús...
Oil firms Vista and Jaguar ink strategic deal
Mexico (Notimex) - Mexican energy companies Vista Oil & Gas and Jaguar have signed a strategic deal for three onshore oil assets.
Two of the assets are in the state of Tabasco, and the other is in Veracruz.
The move represents the first joint venture between two private companies as a result of Mexico's oil auctions.
Vista CEO Miguel Galuccio said that the deal represents a solid step towards...