March 22, 2016 |
As oil prices dipped below $30 per barrel in the beginning of the year, Mexico and Brazil made changes at quasi-sovereign oil and gas companies. Mexican President Enrique Peña Nieto tapped José Antonio González to replace Emilio Lozoya as CEO of state-backed Pemex. Gustavo Hernández García, previously deputy director of planning and evaluation at Pemex’ exploration and production subsidiary, has been named director of exploration and production after Carlos Morales Gil exited the post.
Also in Mexico, Luis Zárate was nominated to work with Deputy CEO Alfonso González and Chief Restructuring Officer Guadalupe Phillips at ICA during the construction company’s restructuring process after CEO Al
Against a backdrop of historically low oil prices, Latin American oil and gas majors have changed up their leadership