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    Petroleos Mexicanos

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    • Tuesday, 31 January, 2023
      Corporate bonds
      Mexico’s Pemex issues $2bn bond with double-digit yield

      Issuance by heavily indebted state-owned oil company comes amid emerging market revival

    • Friday, 1 July, 2022
      Mexico presses ahead with multibillion-dollar bet on fossil fuels

      Formal opening of Pemex’s Dos Bocas refinery heralded a landmark by president despite questions over profitability

    • Tuesday, 31 May, 2022
      Mexico’s Pemex plans to repay $2bn to suppliers by offering new debt

      National oil company says it will exchange invoices for notes as contractors report payment delays

    • Sunday, 13 February, 2022
      News in-depth
      Investors urge Mexico’s Pemex to step up on ESG

      Absence of detailed plan for green energy transition among a number of ‘fundamental issues’ at state-controlled oil group

    • Monday, 23 August, 2021
      Fire at Pemex offshore platform leaves five dead and cuts Mexican oil output

      State-controlled company says 420,000 b/d remain offline after blaze in Gulf of Mexico

    • Monday, 5 July, 2021
      Mexico hands control of private oil find to state-owned Pemex

      Decision hits Talos Energy, Premier Oil and Wintershall and risks international litigation

    • Saturday, 27 March, 2021
      Mexico
      Mexican president moves to undo key energy reforms

      Legislation gives government the power to suspend permits granted to private companies in the hydrocarbons sector

    • Thursday, 14 January, 2021
      Energy Source
      How Mexico’s Pemex went from cash cow to financial drain Premium content

      Plus: API lays down battle lines against Biden, McKinsey’s gloomy climate outlook and fossil fuels coming rebound

    • Tuesday, 5 January, 2021
      Pemex drains reserves of quick fixes as cash crunch looms

      World’s most indebted oil company can no longer delay wholesale reform

    • Tuesday, 28 July, 2020
      Pemex hit by loss of nearly $2bn as former boss goes on trial

      Debt-laden state oil group faces struggle to achieve president’s aim of becoming a growth engine

    • Tuesday, 5 May, 2020
      News in-depth
      Mexico’s Pemex: from cash cow to resource drain

      President’s pet project holds line on output growth despite oil crisis and mammoth losses

    • Friday, 17 April, 2020
      Pemex slapped with second ‘junk’ rating

      Downgrade will trigger bond sales and raise financing costs for Mexico’s indebted oil company

    • Wednesday, 11 March, 2020
      Mexico eyes production cut at Pemex as oil price crashes

      Possible move by state-owned energy group would mark a U-turn for López Obrador

    • Monday, 9 March, 2020
      Battle over oil discovery is test case for Mexico investors

      Foreign energy companies accuse Pemex of trying to seize control of lucrative Zama field

    • Thursday, 27 February, 2020
      Pemex annual loss nearly doubles as production misses target

      The state energy company is battling to stave off another downgrade to its junk-rated debt

    • Monday, 24 February, 2020
      Jude Webber
      Mexican business leaders cough up at president’s charity dinner

      Guests were served a form with a suggested donation to the National Lottery

    • Wednesday, 12 February, 2020
      Mexico
      Former Pemex boss arrested on corruption charges in Spain

      Emilio Lozoya is the highest-profile figure to be charged in López Obrador’s anti-graft drive

    • Thursday, 9 January, 2020
      News in-depth
      Mexico’s Pemex in deep water as debt outlook worsens

      State-owned oil group faces risk of further rating downgrades and grapples with output woes

    • Tuesday, 7 January, 2020
      News in-depthMexico
      López Obrador’s frugality tested by flat Mexico growth

      Uncertainty over the president’s policies is causing investors to hold back

    • Monday, 28 October, 2019
      Pemex reports fourth straight quarterly loss as oil output rises

      Company’s chief financial officer says that stabilising production is a top priority

    • Friday, 11 October, 2019
      Mexico
      IMF says Mexico’s policies are hurting growth

      Fund urges speeding up of tax reforms and private sector involvement in oil industry

    • Thursday, 3 October, 2019
      News in-depthThe Big Read
      Mexico: López Obrador makes a big bet on oil

      President wants to abandon ‘neoliberalism’ but critics say his plans for Pemex are flawed

    • Thursday, 12 September, 2019
      Pemex pays up to secure $7.5bn bond issue

      Attractive pricing draws investor support for debt-laden state oil company

    • Thursday, 12 September, 2019
      News in-depthEnergy sector
      Mexico raids the piggy bank to prop up Pemex

      Analysts fear $5bn injection into state oil company could erode state accounts

    • Wednesday, 11 September, 2019
      Fitch says Pemex downgrade risk still on the table
    Previous page You are on page 1 Next page

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