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 ...

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 ...

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

Mexico’s Finance Ministry unveiled a financing move to steady Petróleos Mexicanos. It will raise $7–10 billion and channel ...

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

Halliburton, a U.S. oilfield services provider, said Tuesday that Mexico's declining oil production rates create pressure for a ...

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 ...

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.

Pemex’ debt reached $106.1 billion at year-end 2023, the Mexico City-based company reported in February in its fourth-quarter 2023 financial report. Importantly, Pemex remains a net contributor ...

Pemex’s financial troubles, however, remain its overriding concern. Three months ago, the company posted its worst loss since the start of the pandemic. It’s scheduled to release its third-quarter ...

He said that writing in transfers to Pemex for debt amortization payments in Mexico’s budget was the start of an “optimization” effort for the firm. Article content “It’s an agenda that will take on a ...