Mexico's finance ministry announced an upcoming operation on Tuesday aimed at strengthening the finances of the country's ...

Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...

Halliburton has warned that payment delays from Mexico’s state-owned oil company Pemex are threatening the country’s oilfield ...

U.S. oilfield service provider Halliburton on Tuesday said Mexico's oil production decline rates are creating pressure for a ...

The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be classed as Mexican public debt but “will not be consolidated with the ...

Pemex, one of Mexico's largest companies, has an outstanding debt with an extensive list of suppliers and contractors of around $20 billion, in addition to another financial debt of $101 billion ...

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 CITY (Reuters) -Mexico's Pemex, the world's most indebted energy company, said on Wednesday that it plans to save 4.8 billion pesos ($250.04 million) over the next two years as part of an ...

In parallel, Pemex’s environmental liabilities are beginning to dent its financial credibility. Swiss Re, a major reinsurance provider, recently announced it would no longer support oil ...

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MEXICO CITY--Mexican state oil company Petróleos Mexicanos swung to a net loss in the first quarter on a decline in sales, higher financial expenses and a foreign exchange loss. Pemex posted a ...