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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When you're drowning in debt, plagued by declining production, and running a refining business that seems chronically allergic to…
Pemex will invest about $5bn to revive Mexico's petrochemical and fertilizer plants, a sovereignty bet that aims to cut imports…
Moody’s warned that Pemex remains heavily reliant on government backing, and further deterioration in Mexico’s sovereign rating,…
Petróleos Mexicanos, Mexico's state-owned oil company, announced a $24.7 billion investment program to increase and sustain crude…
Pemex exploratory drilling has fallen to its lowest in 29 years, a warning sign for Mexico's future oil reserves even as the…
Mexico is sending a Pemex team to Brazil next week to advance a deal with Petrobras, betting on deepwater know-how to revive its…
