Venezuela’s Oil Exports, Oil Stocks, Fall In January Mexico President Plans Massive New Oil Refinery In Blow To U.S. Refiners By Irina Slav - Sep 05, 2018, 2:00 PM CDT Mexico's president-elect sets out plan for new $8 billion oil refinery. MEXICO CITY (Reuters) - Mexico’s next government plans to build what could be the country’s largest oil refinery, with construction set to begin as soon as next year, President-elect Andres Manuel Lopez Obrador said on Tuesday. Mexico plans to start awarding the construction of its seventh refinery as soon as March 2019 currently the nation´s refining system is operating at its lowest levels in three decades. Mexico sales oil to the U.S Refineries and has to buy it back in the form of fuel because Mexico currently doesn’t have the refinery capacity. MEXICO CITY, May 13 (Reuters) - The new refinery that Mexico’s government has tasked state oil company Pemex to build will likely cost at least $2 billion to $4 billion more than the government He promised that the new refinery, which represents his bid to achieve energy self-sufficiency in Mexico, would cost no more than $8 billion and be ready by 2022. The president said a new refinery is critical to Mexico regaining its energy independence. Mexico has not built a new refinery in 40 years, but the president said that certain parts of the project will still be put up for bidding by Mexican and foreign companies.
The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the In retaliation for the expropriation, Standard Oil of New Jersey and Royal enlarging its refineries, and vastly improving its production capabilities.
27 Jul 2019 [MEXICO CITY] Mexico's government on Friday unveiled the winners of contracts to build and develop an ambitious new oil refinery, which 9 May 2019 Mexican President Andrés Manuel López Obrador said Thursday that international companies invited to bid on the construction of a new oil 16 Oct 2019 Construction on Mexico's first-ever privately owned oil refinery is expected to begin by the summer of 2020 in Soto la Marina, Tamaulipas. 24 Sep 2019 23 (Xinhua) -- Mexico is planning to further invest in oil refineries to raise He also wanted to build a new refinery in Dos Bocas, the Gulf coast 30 Jun 2019 According to the document written by the Mexican Oil Institute (IMP), a public research center specialized in the oil industry, experts identified
30 Jun 2019 According to the document written by the Mexican Oil Institute (IMP), a public research center specialized in the oil industry, experts identified
25 Jun 2019 Mexico's new President Andres Manuel Lopez-Obrador announced in March that Pemex will make improvements to its existing refineries and 11 Jul 2019 President AMLO fossil fuel-heavy energy plan jeopardises Mexico's green on the Dos Bocas oil refinery to provide cheap petrol nationwide (image: A new refinery's average life cycle is around 20 years and requires new 13 Jan 2020 Chinese banks are providing $600 million in financing for the construction of a new oil refinery at the Mexican port of Dos Bocas in the
