Search - pemex

08 April, 2024

Mexico's presidential front-runner aims to cut oil refinery waste

Mexico's presidential front-runner Claudia Sheinbaum plans to invest in state-owned Pemex' oil refineries to reduce the huge volumes of low-value fuels produced and instead boost the output of motor f...

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23 January, 2024

Pemex runs Deer Park refinery at 80% capacity amid winter storm

Pemex’s Deer Park, Texas refinery was operating at 80% of its 312,500 bpd capacity, said people familiar with plant operations, said Hydrocarbonprocessing.Pemex reduced production at the refinery prio...

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11 December, 2023, 2023

Pemex eyeing later refinery start-up date, months after initial announcement

Mexican state-owned oil company Petroleos Mexicanos is working to nail down the start-up date at its newest refinery, months after the government said it had begun early output to ramp up to full capa...

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25 October, 2023, 2023

Mexico restricts imports of dozens of petroleum and petrochemical products

Mexico has put restrictions on the import of dozens of refined petroleum and petrochemical products to curb fuel theft and adulteration, its official gazette showed on Monday, including certain types ...

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18 October, 2023, 2023

Pemex shuts large CDU at Deer Park, Texas refinery

Pemex shut down the 270,000 barrel-per-day crude distillation unit (CDU) at its Deer Park, Texas, refinery on Monday because a process line ruptured, said people familiar with plant operations, said R...

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18 October, 2023, 2023

Russian seaborne diesel exports fell by 20% in early October

Russia's seaborne diesel and gasoil exports fell by 20% to about 1.1 million metric tons in the first 15 days of October from the same period in September due to ongoing seasonal maintenance of refine...

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11 October, 2023, 2023

Mexico's Pemex expects to boost refining to 1.16 M bpd this year

Mexican state-owned oil company Pemex expects to process 1.16 million barrels of crude oil per day by the end of 2023, CEO Octavio Romero said on Monday, a goal which would represent significant growt...

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29 September, 2023, 2023

Pemex struggles to boost oil refining in Aug as fuel imports rise

Crude oil processing at Mexico's six local refineries rose slightly in August, data from state-owned oil company Pemex showed, but the facilities are operating at barely half their capacity, forcing t...

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15 September, 2023, 2023

Singapore middle distillates stocks near 6-month high despite exports

Singapore's middle distillates inventories hit a near six-month high, official data showed on Thursday, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports week-on-w...

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30 August, 2023, 2023

Pemex ‘financial deterioration’ to put pressure on public finances

The “financial deterioration” suffered by Mexico’s state-owned energy and petrochemicals major Pemex is set to increase its dependence on federal resources, posing a risk to the country’s debt ratings...

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22 August, 2023, 2023

Shell, Pemex face fines for Texas chemical plant fire in May

Shell Plc and Pemex each could face more than USD1 mln in fines over a Deer Park, Texas, chemical plant fire in May under a lawsuit filed by the state's attorney general, said Reuters.The suit alleges...

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28 July, 2023, 2023

Braskem's Q2 resin sales in Brazil fall 10% on lower demand

Brazilian petrochemical producer Braskem said its second-quarter resin sales volume in Brazil fell by 10% year-on-year, weighed down by lower demand, said Reuters.The quarterly average utilization rat...

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10 July, 2023, 2023

Oil prices up 2% to 6-week high on supply concerns

Oil prices climbed about 2% to a six-week high on Friday as supply concerns outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil, said Hydrocarbonproc...

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29 June, 2023, 2023

Mexico's Pemex motor fuel production dipped last month

Motor fuel production from Mexico's state-owned oil company Pemex dipped last month, company data showed, falling short of ambitious government refining targets meant to wean the country off its long-...

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01 June, 2023, 2023

Mexico's gasoline independence dream sinks in dirty fuel oil glut

Mexico's president took office in late 2018 pledging to boost local output of gasoline while phasing out imports, but so far state refineries have instead set a different course: bumper production of ...

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11 May, 2023, 2023

Pemex Q1 sales, income down sharply

Pemex’s production of aromatics, ethane, propylene, and sulphur fell in the first quarter, year on year, but methane output rose strongly, the Mexican energy and petrochemicals major said.The rise in ...

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21 March, 2023, 2023

Mexican state seeks to punish Pemex for emissions from refinery

Mexico's northern state Nuevo Leon on Sunday warned that it would seek penalties for state oil company Pemex after a dramatic increase in visible emissions from its Cadereyta refinery earlier in the d...

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20 March, 2023, 2023

Pemex to lift crude processing to 1.2 mln bpd this year

Mexican state-run oil company Petroleos Mexicanos, also known as Pemex, expects to increase its crude processing to 1.2 M bpd this year, Energy Minister Rocio Nahle said Thursday, said Reuters.The ris...

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15 March, 2023, 2023

Fire at Pemex Deer Park, Texas facility extinguished

A fire broke out before noon on 14 March in one of the operating units at the Pemex Deer Park refinery, causing dark smoke that was visible in the community, said Reuters. The fire was extinguished ab...

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27 February, 2023, 2023

Pemex Deer Park, Texas, small crude unit shut after fire

Three separate fires at Petroleos Mexicanos facilities on Thursday killed one worker, left at least eight people injured and several others missing, putting the Mexican state oil company’s safety reco...

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