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Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...
U.S. oilfield service provider Halliburton on Tuesday said Mexico's oil production decline rates are creating pressure for a ...
Halliburton has warned that payment delays from Mexico’s state-owned oil company Pemex are threatening the country’s oilfield ...
MEXICO CITY--Mexico plans a debt transaction in favor of Petróleos Mexicanos to shore up the finances of the state oil company and help it meet short-term obligations, the Finance Ministry said ...
Mexico's state-owned oil company is drowning in a sea of cheap oil. Pemex, as the oil giant is known, is suffering from a steep decline in production that has been exacerbated by the crash in crude.
Pemex’s total sales were 7.7% lower than in third-quarter 2023. “Due to our passive position in foreign currency, motivated by our current financing, an exchange loss of 130 billion pesos was recorded ...
MEXICO CITY (Reuters) ... (Pemex) is under pressure to resume financial debt repayments despite promises from President Andres Manuel Lopez Obrador that his government would pay them until 2024.
Furthermore, oil platforms in Mexico saw some of the country’s worst outbreaks of Covid-19 during the height of the pandemic. Pemex saw more Covid-19 deaths than any other company in Mexico, and the ...
The total financial debt of Mexico's state-owned oil company Pemex totaled $106.8 billion at the end of last year, according to preliminary data released by the country's president on Feb. 21.
The total financial debt of Mexico's state-owned oil company Pemex totaled $106.8 billion at the end of last year, according to preliminary data released by the country's president on Wednesday.
MEXICO CITY, Oct 3 (Reuters) - Mexican state oil company Pemex has issued $4 billion in bonds and repurchased debt worth $1.5 billion as part of a plan to strengthen its finances, Chief Financial ...