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Mexico has issued $12 billion in new notes to reduce Pemex's massive debt pile, meantime the NOC hopes new partners can help reverse declining crude production.
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Petróleos Mexicanos, Mexico's state-owned oil company, announced a $24.7 billion investment program to increase and sustain crude…

Pemex, burdened with significant debt, financial and operational constraints, now faces competition from Venezuelan oil.

The Oklahoma E&P signed two new gas supply agreements — with an LNG producer and a power plant — to diversify the markets for its…

Argentina's YPF has quickly high-graded its upstream portfolio to focus on unconventionals, but local politics and overseas legal…

La secretaria de Energía reflexiona con EL PAÍS sobre el nuevo plan del Gobierno de Sheinbaum para reflotar las finanzas y la…

The move opens key assets to private investment and comes as Petroperu faces mounting losses and debt.