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Pemex, Mexico

Mexico plans to set aside $6 billion for Pemex in draft budget, Bloomberg reports

Mexico plans to set aside about $6 billion from its 2025 draft budget for heavily indebted national oil company Pemex and would help its debt obligations next year, Bloomberg News reported on Tuesday,

Bloomberg L.P. · 2d

Mexico Budget Plans to Include $6 Billion Support for Pemex Debt

Mexico plans to set aside about $6 billion for state oil company Petroleos Mexicanos in its 2025 draft budget, people familiar with the matter said, as the government signals continued support for the indebted oil producer.

MarketWatch · 1d

Mexican President Unveils Plan to Simplify Pemex Finances, Reduce Its Debt -- OPIS

Under the structure, Pemex will pay what the government called a "Petroleum ... maintaining crude oil production at 1.8 million b/d, strengthening Mexico's petrochemical industry and increasing Mexico's fuel storage capacity. In addition, she said her ...

news.bloomberglaw · 1d

Mexico Won’t Tap Market To Fix Pemex Debt, Simplifies Tax Regime

Mexico is looking to address Petroleos Mexicanos’ nearly $100 billion debt load without having the company turn to capital markets in the short term, authorities said Wednesday.

Crude Oil Prices · 1d

Mexico Plans $6 Billion Support for Pemex From 2025 Budget

Mexico is considering allocating $6 billion in its 2025 budget to support the debt obligations of struggling state oil company Pemex.

Reuters1d

Mexico to simplify taxes on Pemex in bid to fix state oil producer

diversify and boost energy resources Pemex debt could be refinanced in the future MEXICO CITY, Nov 13 (Reuters) - ...

15d

Pemex’s Crown Jewel Is Making Zero Fuel as Refinery Flounders

Production at Petroleos Mexicanos’s new and largest refinery came to a sudden halt in September, threatening the country’s ...

GlobalData on MSN21d

Pemex targets hydrocarbon reserves boost in Mexico

Pemex will continue to focus on onshore exploration, shallow waters and areas around current production fields. Additionally, ...

Mexico News Daily23h

Sheinbaum tiptoes on tariff talk: Wednesday’s mañanera recapped

On Wednesday, President Sheinbaum weighed in on possible US tariffs and wished a happy birthday to Mexico's best-known septuagenarian.

worldenergynews.com1h

Moody's lowers Mexico's outlook to negative due to institutional weakness

Moody's Ratings lowered Mexico's outlook from stable to negative on Thursday. The major credit rating agency cited ...

Reuters22d

Exclusive: Mexico's Pemex looks to boost gas and oil reserves during Sheinbaum presidency, document shows

MEXICO CITY, Oct 23 (Reuters) - Mexican state oil company Pemex aims to increase its hydrocarbon reserves and ensure their restitution during the government of newly elected President Claudia ...

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