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Pemex Faces Obstacles to Fracking without Finance and Partners Such as Baker Hughes and Chevron

Summary by El CEO
The administration headed by President Claudia Sheinbaum Pardo opened the door to fracking with a view to improving the production of Mexican Oils (Pemex), however, the lack of resources and allies such as Baker Hughes or Chevron complicate their execution. Paul Sánchez, a guest professor at UC San Diego, recalled that the state public company is dragging financial problems that have hampered its operations. To that end, she bet on mixed contrac…
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The administration headed by President Claudia Sheinbaum Pardo opened the door to fracking with a view to improving the production of Mexican Oils (Pemex), however, the lack of resources and allies such as Baker Hughes or Chevron complicate their execution. Paul Sánchez, a guest professor at UC San Diego, recalled that the state public company is dragging financial problems that have hampered its operations. To that end, she bet on mixed contrac…

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El CEO broke the news on Tuesday, August 18, 2026.
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