8,494 Active Recruiters     Over 2 Million Candidates Globally

  1. Keep me logged in
  2. forgot password

Checkout Jobs Basket (0)

You can checkout a maximum of 150 jobs.

Signup Better for Candidates

  • Create a free virtual CV and let recruiters find you
  • Automatically have your profile matched to suitable Oil & Gas positions
  • Link to your profile using it as a free online CV
  • Store all your employment documents to your profile for easy sending
  • Always receive feedback on positions applied for

Signup Better for Recruiters

  • Suitable candidates automatically matched to your position
  • View candidate profiles for free
  • No more waiting for candidates to respond to job advertisements
  • Only ever pay when you match a candidate to a position
  • No more cold calling and sorting through out dated CVs

Mexico Kicks off $7.7 billion Refinery Construction

Published in Oil Industry News on Wednesday, 5 June 2019

Graphic for News Item: Mexico Kicks off $7.7 billion Refinery Construction

Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery amid a call by President Andres Manuel Lopez Obrador for the country to become self-sufficient in energy production.

The nation “depends too much on buying foreign gasoline,” the president, commonly known as AMLO, said at an event Sunday in Paraiso, Tabasco, where the seventh refinery will be built. The bidding process for the six phases of the refinery begins at the end of June.

The leader also used the platform to rally the country after U.S. President Donald Trump threatened in the past week to slap a 5% tariff on all goods from Mexico if it doesn’t curb an unprecedented surge in migrants over the U.S. border.

Hot Tip

Other job sites dump your CV into a database and let recruiters sift through thousands of candidates to find out who is available. With Oil and Gas People you just update your profile every 60 days to stay visible and at the top of recruiter searches.

AMLO, who’s scheduled to visit Washington this week, said Mexico wants to continue to be friends with the U.S. and reiterated his country’s good relations with its northern neighbor. However, he also said that Mexico “isn’t a colony of any foreign country.”

“The president of Mexico wants to continue being a friend of President Donald Trump. But above everything, Mexicans are friends of the people of the United States,” AMLO said to cheers from crowds that had gathered at the Dos Bocas port following a critical tweet from Trump. “To them, I dedicate this message from Paraiso, Tabasco. We want nothing and nobody to separate our beautiful and sacred friendship.”

Refinery targets

AMLO reiterated that the refinery will be inaugurated in three years, adding that it will be built by the government rather than a third party.

Last month, the Mexican leader handed the project to Petroleos Mexicanos after he canceled a tender when the bidders failed to meet his ambitious three-year timeline and stay within the $8 billion budget allocated for it.

While the Dos Bocas refinery has 50 billion pesos in initial resources allocated for the year, the project may be problematic for Pemex, the world’s most indebted oil major. The state-owned oil company’s six refineries are currently processing at about 35% of their capacity.

Refinery upgrade projects that began in the early 2000s have yet to be completed. Another much-lauded plan to build a refinery in Tula, Hidalgo, for $12 billion was scrapped by the previous administration five years after it was announced.

Pemex’s existing refineries are in such poor shape that they lose more money the more crude they process. The Salina Cruz, Minatitlan and Madero plants all have been offline intermittently in the past several years, which Pemex has said is due to extended maintenance or because of operational problems.

The proposed Dos Bocas plant was one of AMLO’s campaign pledges and he pushed the project through a public consultation after taking office in December.

Source: www.worldoil.com

Please leave comments and feedback below


Mexican Oil and Gas, Pemex Oil and Gas, Oil and Gas News

Oil and Gas News Archive

Latest Oil & Gas News

Featured Companies

  • View All JobsOMPA

    Offshore Marine People & Academy (OMPA) is a global provider of personnel and training to the renewables, oil & gas, telecommunications and marine industries.

    With over 15 years' industry experience, we work with candidates to match them to the right roles and equip them with the skills and knowledge needed to succeed. Our job is to exceed your expectations.

    Visit us online: offshorempa.com

  • View All JobsChronos Oil and Gas

    Chronos Oil and Gas is one of the fastest growing and best placed recruitment agencies in the sector.

    With over 300,000 candidates on our database and an international team of specialist recruiters we work with clients to staff major projects around the world.

    Register your CV at www.chronosoilandgas.com

  • View All JobsNatural Resources

    Natural Resources is a UK based recruitment company providing personnel of all disciplines and nationalities worldwide.

    We represent clients and candidates at all levels who operate globally within oil & gas, renewables, nuclear, power, mining, marine, drilling, construction and petrochemicals. Our client base includes energy and construction.

    Visit Natural Resources at natural-resources.com