Feral Jundi

Wednesday, September 8, 2010

Mexico: Drug Cartels Cripple Pemex Operations In Basin

     This sucks for Mexico and Pemex, but until they do the things necessary to properly secure these pipelines, then they will continue to lose their so called ‘backbone of the nation’. If Pemex cannot trust local Mexican security companies, then hire globally. There are plenty of companies around the world who are providing security to oil companies operating in places like Iraq. Mexico is at war with these cartels and it would make sense to deploy military or contract security with experience in war zones to secure this vital national asset.

     Either lose that money to thieves, or spend that money to defend your property and livelihood. That is my thought on the matter.

     One other point that comes to mind about this troubling issue. If the drug cartels could do this to Pemex and Mexico, then why couldn’t they do this to oil platforms/drilling rigs? Especially the US owned rigs, because eventually the cartels are going to want to send a message to the US. Our money is helping to fuel Mexico’s war against the cartels, and we are naive to think that our actions will not invite any retaliation. Imagine a dozen BP style disasters? All I know is that if oil companies have not posted security on each rig, then we are giving an open invitation to terrorists and criminals to do all sorts of terrible things. –Matt

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Mexican drug cartels cripple Pemex operations in basin

September 06, 2010

By Tracy Wilkinson

The meandering network of pipes, wells and tankers belonging to the gigantic state oil company Pemex have long been an easy target of crooks and drug traffickers who siphon off natural gas, gasoline and even crude, robbing the Mexican treasury of hundreds of millions of dollars annually.

Now the cartels have taken sabotage to a new level: They’ve hobbled key operations in parts of the Burgos Basin, home to Mexico’s biggest natural gas fields.

(more…)

Wednesday, May 12, 2010

Kidnap And Ransom: Pemex Executive Kidnapping Rattles Mexico Oil Industry

   Between the kidnappings and the pilfering of the oil by cartels, Pemex has some issues.  Just one suggestion for Pemex, and that is if you want to retain some of that oil and stop paying ransoms, then make the investment in a competent security company to protect your stuff and people.  You can buy some pretty kick ass security for well under the 750 million dollars that you are losing every year (on top of what ever you are paying for in ransoms). –Matt

Edit: 5/20/2010 – Check out this story about former Mexican presidential candidate that was kidnapped recently.

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Pemex exec kidnapping rattles Mexico oil industry

May 11 2010

By Robert Campbell

Driving home along rough, poorly lit roads to the southern Mexican city of Villahermosa, an oil executive and his driver stopped at a roadside eatery for dinner when they were cornered by armed men.

The gunmen seized Nestor Martinez, who manages a production unit for energy monopoly Pemex in the oil-rich state of Tabasco, and sent his driver on to deliver the news he had been kidnapped, industry sources say.

Martinez was released a few days after his abduction last month but a spate of kidnappings of Pemex executives has shaken the oil industry in a country where drug cartels and organized crime gangs are increasingly spooking foreign investors.

“Everyone has heard about it but there has been no official statement. It’s really frightening,” said a Pemex employee in Villahermosa, who declined to be identified because he is not authorized to speak with reporters.

A Pemex spokesman declined to comment on the case, and the industry sources could not confirm local media reports that a large ransom was paid to free Martinez, also president of the national petroleum engineers’ association.

Mexico is in the grip of a brutal drugs war that has killed some 23,000 people, mainly traffickers and police, since President Felipe Calderon took power in late 2006. The army crackdown launched by Calderon has fanned turf wars between rival gangs and battles against security forces.

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