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	<title>Mexico &#124; News &#124; Travel &#124; Culture &#124; Economy &#187; PEMEX</title>
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	<description>Mexico News &#38;  Culture Blog</description>
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		<title>The Board of Directors of Petróleos Mexicanos to decide it&#8217;s strategy towards Repsol</title>
		<link>http://www.mexico.vg/businesses/petroleos-mexicanos-strategy-towards-repsol/7553</link>
		<comments>http://www.mexico.vg/businesses/petroleos-mexicanos-strategy-towards-repsol/7553#comments</comments>
		<pubDate>Wed, 28 Dec 2011 23:42:42 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Juan José Suárez Coppel]]></category>
		<category><![CDATA[PEMEX]]></category>
		<category><![CDATA[Repsol]]></category>

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		<description><![CDATA[On  January 5th the Board of Directors of Petróleos Mexicanos will decide it&#8217;s new strategy towards Repsol. Among the decisions it could take is raising its stake or sell part of it&#8217;s interest in the Spanish oil company. Pemex&#8217;s director, Juan Jose Suarez Coppel said it is still possible for it  to sign an industrial agreement involving greater collaboration between companies. Revealed that among the considerations discussed is that by increasing the participation of Pemex, [...]]]></description>
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		<title>Pemex has reported the discovery of a new natural gas field in the Gulf of Mexico</title>
		<link>http://www.mexico.vg/businesses/discovery-of-a-new-natural-gas/7451</link>
		<comments>http://www.mexico.vg/businesses/discovery-of-a-new-natural-gas/7451#comments</comments>
		<pubDate>Thu, 01 Dec 2011 21:02:12 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Gulf of Mexico]]></category>
		<category><![CDATA[Mexicos Natural Gas]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[New Gas Reserves]]></category>
		<category><![CDATA[PEMEX]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=7451</guid>
		<description><![CDATA[After production testing, Petroleos Mexicanos (Pemex), reported the discovery of a new natural gas field in the Gulf of Mexico. In a statement, PEMEX said preliminarily estimated that the findings raise an incorporation of 3P reserves to 400.000 million cubic feet of gas with an estimated production of 27 million cubic feet per day. The well was discovered Nen 1 where the field is located in the province of Catemaco Fold Belt, 113 kilometers northwest [...]]]></description>
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		<title>Petrodec Limited won a bidding process to supply gas in 2012 and 2013</title>
		<link>http://www.mexico.vg/oil/petrodec-limited-liquefied-petroleum-gas-trading-company/7351</link>
		<comments>http://www.mexico.vg/oil/petrodec-limited-liquefied-petroleum-gas-trading-company/7351#comments</comments>
		<pubDate>Fri, 04 Nov 2011 21:48:19 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[PEMEX]]></category>
		<category><![CDATA[Petrodec Limited]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=7351</guid>
		<description><![CDATA[Mexico&#8217;s state-owned oil company Pemex said on Friday that Petrodec Limited, a privately owned liquefied petroleum gas trading company headquartered in Bermuda, won a bidding process to supply gas in 2012 and 2013. Mexico imports about a third of its gas needs and said it had saved more than $100 million by allocating the contracts covering the period from April 2012 to March 2013 using a reverse auction process in which the cheapest bidder wins. [...]]]></description>
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		<title>Mexico is abandoning plans to build 10 nuclear reactors , will focus instead on natural gas-fired electricity plants</title>
		<link>http://www.mexico.vg/government/gas-fired-electricity-plants/7316</link>
		<comments>http://www.mexico.vg/government/gas-fired-electricity-plants/7316#comments</comments>
		<pubDate>Wed, 02 Nov 2011 22:45:04 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[Coahuila]]></category>
		<category><![CDATA[Comision Federal de Electricidad]]></category>
		<category><![CDATA[Mexicos Natural Gas]]></category>
		<category><![CDATA[PEMEX]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=7316</guid>
		<description><![CDATA[Bloomberg reports yesterday that state-owned oil producer Pemex found evidence of up to 300 trillion cubic feet of natural gas in the Coahuila region in the past year, and the country will reportedly seek private investment of about $10 billion during five years to expand its natural gas pipeline network. Comision Federal de Electricidad (CFE) plans to invest 66.3 billion pesos ($4.9 billion) in 2011 and 90.4 billion pesos ($670.3 million) in 2012, mainly on [...]]]></description>
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		<title>Former Brazilian President Luiz Inacio Lula da Silva proposed the formation of a joint venture between Petroleos Mexicanos (Pemex) and Petroleo Brasileiro (Petrobras)</title>
		<link>http://www.mexico.vg/mexicos-economy/joint-venture-between-pemex-and-petrobras/7067</link>
		<comments>http://www.mexico.vg/mexicos-economy/joint-venture-between-pemex-and-petrobras/7067#comments</comments>
		<pubDate>Wed, 26 Oct 2011 17:14:32 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Mexico's Economy]]></category>
		<category><![CDATA[PEMEX]]></category>
		<category><![CDATA[Petrobras]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=7067</guid>
		<description><![CDATA[Former Brazilian President Luiz Inacio Lula da Silva proposed the formation of a joint venture between Petroleos Mexicanos (Pemex) and Petroleo Brasileiro (Petrobras) in order to create a third company that would  jointly exploit other markets and make investments in new technology. &#8220;It is possible that we have no idea of the importance of it&#8221; , said the former president, speaking at a business summit in Mexico . Lula&#8217;s approach was made days after Enrique [...]]]></description>
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		<title>Pemex: Sacyr agreement will continue, despite the change in leadership</title>
		<link>http://www.mexico.vg/businesses/pemex-that-sacyr-change-in-leadership/6983</link>
		<comments>http://www.mexico.vg/businesses/pemex-that-sacyr-change-in-leadership/6983#comments</comments>
		<pubDate>Sat, 22 Oct 2011 01:56:49 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Juan José Suárez Coppel]]></category>
		<category><![CDATA[PEMEX]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=6983</guid>
		<description><![CDATA[The agreement is still valid because it was made between companies and between people, said a Pemex spokesman, adding that its director Juan Jose Suarez Coppel expected to speak &#8220;soon&#8221; with the new president of Sacyr on changes in the company. Pemex oil company hopes to keep the agreement with the Spanish Sacyr-Vallehermoso to join forces and vote together in the Spanish oil company Repsol-YPF (REP.MC)., despite the recent announcement change in the leadership of [...]]]></description>
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		<title>PEMEX director &#8220;Juan Jose Suarez Coppel&#8221;, questioned about the investment in Repsol</title>
		<link>http://www.mexico.vg/businesses/pemexs-director-questioned-on-investment-in-repsol/6904</link>
		<comments>http://www.mexico.vg/businesses/pemexs-director-questioned-on-investment-in-repsol/6904#comments</comments>
		<pubDate>Thu, 20 Oct 2011 05:47:40 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Juan José Suárez Coppel]]></category>
		<category><![CDATA[PEMEX]]></category>
		<category><![CDATA[Petroleos Mexicanos]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=6904</guid>
		<description><![CDATA[Pemex&#8217;s director, questioned by investment in Repsol. Juan Jose Suarez Coppel, managing director of Petroleos Mexicanos (Pemex) has been unable to convince the Mexican deputies on the alleged benefits of the stock purchases by the Mexican oil company Repsol By which expanded its holdings in Spanish company from 4.8 to 9.8%. At a session lasting over three hours , in which the tone were complaints from opposition lawmakers, Suarez Coppel recognized that the Pemex Board [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Pemex revenues increase almost 40% from sales to U.S.</title>
		<link>http://www.mexico.vg/businesses/pemex-sales-to-u-s/6815</link>
		<comments>http://www.mexico.vg/businesses/pemex-sales-to-u-s/6815#comments</comments>
		<pubDate>Sat, 15 Oct 2011 23:00:24 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[PEMEX]]></category>
		<category><![CDATA[Petroleos Mexicanos]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=6815</guid>
		<description><![CDATA[Petroleos Mexicanos (Pemex) increased their income from U.S. sales of 39.3% in the first eight months of 2011, reported the Department of Commerce. Pemex had revenues of 26.7 billion between January and August, in relation to the 19.1 billion for the same period in 2010, according to the trade report from PEMEX. The revenues were the result of sales from 276 million barrels sold to the U.S. market, which Mexico ranked as the third largest [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>US Export-Import Bank approved 1 billion in financing for PEMEX purchase of US equipment</title>
		<link>http://www.mexico.vg/businesses/pemex-us-export-import-bank/6426</link>
		<comments>http://www.mexico.vg/businesses/pemex-us-export-import-bank/6426#comments</comments>
		<pubDate>Thu, 06 Oct 2011 00:53:53 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[PEMEX]]></category>
		<category><![CDATA[US Export-Import Bank]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=6426</guid>
		<description><![CDATA[US Export-Import Bank is getting more aggressive on helping foreign companies finance American goods &#038; products and thus support and create jobs. The mission of the US Export-Import Bank is to create and sustain U.S. jobs by financing sales of U.S. exports to international forgen buyers. On September 30, the board of directors of the US Export-Import Bank approved $3.4 billion in financing to support US exports in a wide range of industries, including aerospace, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Pemex ready to Appeal If regulators in Spain hand down any decision that shows discrimination</title>
		<link>http://www.mexico.vg/businesses/pemex-repsol-controversy/6282</link>
		<comments>http://www.mexico.vg/businesses/pemex-repsol-controversy/6282#comments</comments>
		<pubDate>Fri, 30 Sep 2011 20:41:59 +0000</pubDate>
		<dc:creator>Mexico</dc:creator>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[PEMEX]]></category>
		<category><![CDATA[Repsol]]></category>

		<guid isPermaLink="false">http://www.mexico.vg/?p=6282</guid>
		<description><![CDATA[On Wednesday the Board of Directors of Repsol amended the regulations to remove the Pemex and Sacyr of their board seats, claiming conflict of interest, a move that will challenge Mexico&#8217;s Pemex. If regulators in Spain hand down a decision that shows discrimination or arbitrariness in the effort by Mexico’s oil monopoly Pemex and its Spanish partner Sacyr to boost their comoned stake in the Spanish oil giant Repsol to 29.8%, Pemex could appeal the [...]]]></description>
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