Energy

Reuters reveals to protect Pemex, Mexico’s energy ministry tried to block stricter flaring rules

01 December 2022, 8:37 pm 1 minute

Reuters exclusively revealed that Mexico’s energy ministry tried to block the publication of stricter rules on natural gas flaring, saying they would hurt state oil company Pemex. Documents seen by Reuters showed a concerted effort by the ministry to stop Mexico’s official gazette from publishing tighter rules drafted by an independent regulator. The ministry said they would “seriously impact” the operations of Pemex and cause “irreparable losses.”

Article Tags

Topics of Interest: Energy

Type: Reuters Best

Sectors: Business & Finance

Regions: South America

Countries: Mexico

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

Share this article

Work Email Address *

Country *

I'd like to receive communications about Reuters resources, events, products, or services.

(Please note you can manage and update your preferences at any time.) By submitting your details, you are agreeing to receive communications about Reuters resources, events, products, or services. By submitting your details, you are also acknowledging that you have read and understood our: Privacy Statement.

By submitting your details, you are agreeing to receive communications about Reuters resources, events, products, or services. By submitting your details, you are also acknowledging that you have read and understood our: Privacy Statement. * required field

Work Email Address *

Country *

More of Reuters Best

UAE’s ADNOC recently eyed BP as takeover target

Reuters reveals to protect Pemex, Mexico’s energy ministry tried to block stricter flaring rules

More of Reuters Best

UAE’s ADNOC recently eyed BP as takeover target

EU’s new tech laws are working – small browsers gain market share

Thai PM says central bank should cut rates to help economic revival

Bank of Korea considering forward guidance overhaul