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Pemex Has All but Stopped Looking for New Oil, and That Should Worry Investors
Pemex exploratory drilling has fallen to its lowest in 29 years, a warning sign for Mexico's future oil reserves even as the company's finances improve.
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Timeline cronologica
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Pemex Has All but Stopped Looking for New Oil, and That Should Worry Investors
Pemex exploratory drilling has fallen to its lowest in 29 years, a warning sign for Mexico's future oil reserves even as the company's finances improve.
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Mexico's State Oil Company Told U.S. Regulators Its Reserves Last Nine More Years
The filing names five fields running dry. Total reserves rose slightly last year, but only because gas climbed while crude oil fell 2.6 percent.