- Pemex CEO Carlos Treviño held meetings with industry leaders to achieve partnerships and share experiences that will increase the profitability of the company
Houston, Texas. – The CEO of Petróleos Mexicanos, Carlos Treviño Medina, ended his participation in the 37th edition of the CERAWeek 2018 Forum in this city, where he consolidated Pemex’s position as an important competitor in the international energy industry within the context set by the Energy Reform to establish new partnerships and modernize its operation within a competitive environment.
Speaking before the leaders of the main oil companies in the world, such as BP, Chevron, Ecopetrol, BHP, DEA, Statoil, and others, Treviño Medina explained that Pemex has the necessary experience and technology to become a true global competitor, which will allow the company to consolidate itself as one of the 10 strongest oil companies in the world.
“During CERAWeek we held interesting meetings with BP, with Middle-Eastern funds and with Latin American companies, in addition to working hard with entrepreneurs to position Pemex as an important player and a leading company in the North American production field,” said the Pemex CEO.
During his participation in the energy summit, the Pemex CEO participated in the plenary session “Upstream (Exploration, Development and Production), its Future Through Joint Ventures”, with the senior VP of HIS Markit, Carlos Pascual, and the president of Grupo Petronas, Wan Zulkiflee.
In his speech to the Forum, Treviño Medina pointed out that joint ventures allow the company to share the risks of the operation and increase profitability, and he explained that the future of Petróleos Mexicanos, especially in the area of exploration and development, lies in joint ventures.
“We are taking the opinion of great leaders in financial matters and that of Oil and Gas, and that gives us an idea of the various scenarios we can include in our Business Plan, as well as the things we will do in the future,” Treviño Medina stated.
Carlos Treviño Medina highlighted that the State-owned Productive Company will continue working at full steam to meet the goals in its Business Plan, therefore it is prioritizing those areas that guarantee a greater profitability.