Focus on Petróleos Mexicanos
Mexico plans to set aside $6 billion for Pemex in draft budget, Bloomberg reports
Mexico plans a $6B allocation in its 2025 budget to aid debt-laden Pemex, addressing its $120B combined financial and provider debt.
Mexico’s Pemex posts wider third-quarter loss of $8.2 billion
Pemex has reported a deeper 161.3 billion peso ($8.2 billion) third-quarter net loss, according to a filing with the Mexican stock exchange.
Bodies recovered after deadly Texas refinery incident, says Pemex CEO
Bodies of victims of the chemical leak at Deer Park refinery have been recovered and an investigation into the incident launched.
Mexico’s new president promises to resume fight against climate change
Mexico's new president Sheinbaum targets 45 per cent renewables by 2030, shifting from López Obrador's fossil fuel focus.
SBM Offshore awarded FSO contract for Woodside’s Trion development
August 8, 2024 SBM Offshore is pleased to announce that it has signed a contract with Woodside Petróleo Operaciones de México, S. de...
Mexico seeks more 2025 fuel import deals after refinery delays
Due to Olmeca refinery problems, Mexico fuel imports set to rise as Pemex talks to overseas refiners about possible trading deals.
Declining Mexican crude output could shatter energy independence hope
Shortfall in domestic crude supply could see Mexico increasing imports to feed the $17bn refinery built by previous president.
