The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be ...

Mexico's finance ministry announced an upcoming operation on Tuesday aimed at strengthening the finances of the country's ...

Mexico's Finance Ministry announced an upcoming operation on Tuesday aimed at strengthening the financial position of state ...

U.S. oilfield service provider Halliburton on Tuesday said Mexico's oil production decline rates are creating pressure for a ...

Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...

MEXICO CITY--Mexico plans a debt transaction in favor of Petróleos Mexicanos to shore up the finances of the state oil company and help it meet short-term obligations, the Finance Ministry said ...

This article reveals five less-known yet highly influential oil companies that are significantly impacting global energy ...

The EWTC claims Pemex owes its member companies $1.2 billion for work already invoiced in 2024 and 2025, including $871 ...

Its new leader, José Antonio Gonzalez, the former head of the Mexican social security institute, is an effective technocrat who has a solid track record. He is seen as being close to Luis ...

Some of Pemex’s problems have a long history. In the 1970s after Cantarell, one of the world’s largest oil fields, was discovered in the Gulf of Mexico, Pemex was the motor of the Mexican economy.

Pemex's crude oil exports took a nosedive in January, plummeting by a staggering 44% compared to the same month last year. This drop, the steepest on record, is largely due to U.S. Gulf Coast ...

Pemex, the state-controlled oil giant, is now the world’s most indebted oil company after going on a spending spree to build projects. To stave off a default on its nearly $100 billion debt, the ...