Pemex increases gasoline production thanks to Dos Bocas

The Dos Bocas refinery and the rehabilitation of the National Refining System boosted Pemex's production in 2025, covering 52.9% of the gasolinas commercialized and reducing imports to their lowest level in 16 years. For diesel, coverage reached 92% of domestic demand. This improvement marks the largest increase in four years for gasolinas and a decade for diesel.

In 2025, Petróleos Mexicanos (Pemex) achieved a significant advance in fuel production, driven by the operation of the Dos Bocas refinery and the rehabilitation of the National Refining System (SNR). The company, led by Víctor Rodríguez Padilla, produced an average of 356.3 thousand barrels daily of gasolinas (magna and premium), a 22.7% increase from the previous year, the highest in the last four years. This allowed it to cover 52.9% of the gasolinas commercialized internally.

Dos Bocas was the main driver of this 'boom', rising from 3 thousand barrels daily in 2024 to 49.9 thousand in 2025, operating at 30% of its designed capacity of 170 thousand barrels daily. In December 2025, it reached 80 thousand barrels daily. Other refineries contributed with increases: Tula (30.9%), Minatitlán (4.2%), Salina Cruz (1.8%), and Salamanca (1.2%). Only Cadereyta (-4.8%) and Madero (-1.1%) recorded decreases.

For diesel, average production was 227.8 thousand barrels daily, a 26.6% growth and the highest level in a decade. Dos Bocas contributed 54 thousand barrels daily, 23.7% of the national total, operating at 45% of its 120 thousand barrel capacity. Diesel imports fell to 81.2 thousand barrels daily, the minimum since 2009.

Gasoline imports dropped to 337.3 thousand barrels daily, the lowest in 16 years, compared to 78.2% dependency in 2018. This resurgence impacts U.S. refineries, as Mexico is their largest buyer. According to U.S. Energy Information Administration data, Mexican imports of gasoline and diesel were 726 thousand barrels daily in October 2025.

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Illustration of Ecopetrol's Q1 2026 profits with oil facilities, charts, and Colombian elements for a news article.
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Ecopetrol reports $2.8 trillion profit in first quarter

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Colombian state oil company Ecopetrol announced profits of $2.8 trillion and revenues of $28.6 trillion for the first quarter of 2026. Earnings fell 7.7% from the same period in 2025. The Ebitda margin reached 47%.

The Olmeca refinery in Dos Bocas, Tabasco, produced 83.1 thousand barrels per day of diesel in February, accounting for 27.85% of national output from Pemex's seven refineries. This contributed to cutting diesel imports to the lowest level in 17 years and starting exports. Diesel prices have risen in both Mexico and the United States.

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Colombia's oil production dropped 3% in January 2026 year-on-year to 746,400 barrels per day from 769,800 the previous year, according to Campetrol. Compared to December, it fell 0.1%, or 7,000 barrels, with the sharpest declines in Casanare.

Following the first 142,000-barrel shipment that arrived on March 26, the Philippine government has secured a total of 1.04 million barrels of diesel to bolster the country's fuel buffer amid the global oil crisis. The remaining 900,000 barrels are expected next month, helping maintain stocks above minimum levels during the energy emergency.

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Petróleos Mexicanos reported a fire on April 9 in the coke warehouse at the Olmeca refinery in Dos Bocas, Tabasco. Emergency services are responding, with no injuries reported so far. A large smoke plume was visible from the area.

Repsol chief executive Josu Jon Imaz warned Thursday of periods of complexity in petroleum product supplies across Europe in the coming weeks and months due to the closure of the Strait of Ormuz.

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A fire broke out on the morning of Tuesday, March 17, 2026, in the perimeter area of the Olmeca Refinery in Dos Bocas, Paraíso, Tabasco, leaving five people dead. Pemex attributed the blaze to a spill of oily waters due to heavy rains and confirmed it was controlled without structural damage.

 

 

 

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