EconomyFinancialPemex plans to reduce crude exports to 435,000 bpd...

Pemex plans to reduce crude exports to 435,000 bpd in 2022

Mexico's state-owned Pemex expects to export just 435,000 barrels per day (bpd) of crude in 2022, its director, Octavio Romero, said Tuesday as the company allocates more oil to refining.

The estimate is well below what is planned in the budget approved by the Chamber of Deputies for next year, of 979,000 bpd and the average of around 1 million bpd exported until November 2021.

President Andrés Manuel López Obrador has said that one of the goals of his administration is to achieve self-sufficiency in gasoline production and reduce the country's large imports.

For the first time, Pemex exports a shipment of crude oil from a private...

The cargo contained crude oil from three fields awarded to the Italian ENI in 2015. The ship would have been destined for Spain, sources told Expansión.

#GuacamayaLeaks: Sedena leaks link Adán Augusto López with the huachicol network in Tabasco

The name of the former governor of Tabasco, today Secretary of the Interior, is part of a network dedicated to fuel theft that federal investigations call 'The Olmec Case'.

LAST MINUTE: A Pemex pipeline explodes in Tabasco

It is the second incident in the oil company's facilities that has been recorded in the municipality of Huimanguillo during the last two weeks.

Pemex has failed to report the large methane emissions in its fields

ASEA, the environmental regulator for hydrocarbons, has no records on Pemex's large emissions.

Why Pemex is choking the production of one of its priority fields

The state-owned company has at times obtained more water than oil from the field. A large amount of water extracted could lead to a premature closure of the field, analysts say.

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