Pemex Signs Oil Storage Contract
04.06.2018 - NEWS

April 6, 2018 [Hydrocarbon Engineering] - Petróleos Mexicanos has signed a contract with the domestic company Olstor Services to increase its oil product storage capacity.


With this contract, which is the first of its kind to be formalised with a private enterprise, Pemex Transformación Industrial has gained a greater flexibility and reliability for the supply of fuel and other oil products to cover the demand of its clients in the Bajío region.

This is one way the tools provided by the new legal environment and regulatory framework of the Energy Reform are being actively used, allowing the company to develop a new oil product storage infrastructure with third-party involvement to further improve and strengthen the country’s energy supply.

This helps the state-owned productive company to maintain its leading objective of increasing its profitability, as established in its business plan.

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry
Learn more.

TotalEnergies Sells 50% Stake in German Battery Storage Projects to Allianz GI
03.03.2026 - NEWS
March 03, 2026 [Reuters]- French oil major TotalEnergies has ​sold a 50% stake in 11 battery pr... Read More
TotalEnergies JV Achieves Key Construction Milestone at $1.6bn Oman LNG Hub
03.03.2026 - NEWS
March 03, 2026 [Zawya]- Marsa LNG, a joint venture between global industry leader TotalEnergies a... Read More
South Australia to Host HAMR Energy’s First-of-its Kind Methanol-to-Jet Fuel Facility
03.03.2026 - NEWS
March 03, 2026 [HAMR Energy]- Leading low carbon liquid fuels (LCLF) company HAMR Energy has toda... Read More
DOE Approves Export Expansion at Corpus Christi LNG
03.03.2026 - NEWS
March 03, 2026 [Hydrocarbon Engineering]- US Secretary of Energy, Chris Wright, has signed an exp... Read More