000 On February 27th, Petróleos Mexicanos (Pemex) presented its preliminary results as of December 31st, 2019. According to the Annexes of the Report, in 2019 Pemex’s total production dropped 4.4%, from 2,516 to 2,405 Mboed. According to Pemex, the strategy of...
000 On December 9th, 2019, the Official Gazette published the “Decree that reforms and adds various provisions of the Hydrocarbons Revenue Law” (the Decree) which aim is to reduce Pemex’s shared utility right (DUC[1], by its Spanish acronym) from the current 65% to...
