A combination of geopolitical risk, demand concerns, and the looming U.S. presidential election have oil markets on edge ...
National oil companies tend to be more bloated and less efficient than their private-sector counterparts. Yet Petroleos ...
Pemex declined to comment for this story. Former President Andres Manuel Lopez Obrador dumped up to $80 billion into the company via capital injections and tax breaks over his six-year term.
The amount of crude Pemex pumps per employee has slipped to just under 14 barrels a day, less than any other Latin American state producer except Petroleos de Venezuela. Brazil’s state oil ...
Yet Petroleos Mexicanos, with a workforce of about 128,000, stands out even among its state-owned peers. The amount of crude Pemex pumps per employee has slipped to just under 14 barrels a day, less ...
During her campaign, Mexico’s new president Claudia Sheinbaum emphasised the importance of revitalising Pemex as a key pillar ...
He added that Rodriguez has already “pointed out his biggest challenge: fixing Pemex's books ... energy independence narrative used by the AMLO [Andrés Manuel López Obrador] previous ...
AMLO’s profligate spending on programs such as cash transfers ... Adding to Sheinbaum’s financial woes is the pending fiscal bomb posed by Pemex, the state-owned energy company, which is set to cost ...
MEXICO CITY, Oct 18 (Reuters) - Mexican state oil company Pemex (PEMX.UL) will curb the activity of its exploration and production arm in the last quarter of the year as it seeks to save up to 26. ...
Pemex has resumed operations following an Oct. 10 chemical leak that led to two fatalities at the operator’s 340,000-b/d refinery in Deer Park, Harris County, Tex. Photo from Petróleos ...
He won his release on the condition that he pay $216.6 million to Pemex, the state oil company, under a “reparation agreement.” Now, three heirs to his late brother, Manuel Ancira ...