Loading...

Loading...

Mexicana de Aviación Workers to Get 2nd Fund Payout by Mid-2025
By Reneé Lerma - Thu, 01/30/2025 - 13:33
The second fund disbursement to former Mexicana de Aviación employees, from asset sales, is expected in the first half of 2025
https://mexicobusiness.news/tag/assets
More Oil & Gas
Privatization Key to PEMEX’s Financial Rescue: Gabriela Siller
By MBN Staff - Fri, 07/26/2024 - 09:24
Gabriela Siller calls for the energy reform to be revived to address PEMEX’s severe debt crisis and improve its financial situation.
Mexicana de Aviación's Second Payment Stalled by Legal Issues
By MBN Staff - Mon, 06/03/2024 - 12:34
The second payment of MX$400 million for Mexicana de Aviación has been delayed due to an unresolved legal dispute involving 42 former employees
Vulcan Materials Rejects “Illegal Expropriation” of its Assets
By Paloma Duran - Tue, 05/28/2024 - 13:55
Vulcan Materials says that the government's decision to halt its operations aims to pressure the company into a sale.
Sale-Leaseback: A Solid but Little-Known Liquidity Strategy
By Fernando Padilla - Thu, 05/16/2024 - 08:00
Selling assets and renting them through a leasing company is a simple way to obtain liquidity, and with many benefits, writes Fernando Padilla.
PEMEX Supplier COMESA Initiates Bankruptcy Process
By MBN Staff - Wed, 02/28/2024 - 13:20
The process is attributed to severe financial difficulties exacerbated by the cancellation of the Ixachi project and significant losses.
PEMEX Reports on Finances, Debt
By Perla Velasco - Tue, 01/16/2024 - 12:03
PEMEX debt decreased by 22.5%. Octavio Romero presented comparative data with respect to past administrations.
Crédito Real Files for Bankruptcy Protection in Mexico
By Perla Velasco - Thu, 11/16/2023 - 08:59
Crédito Real has filed for bankruptcy protection following an agreement made in May with its debt holders.
Shell, Chevron Abandon Projects After Failed Exploration
By Anmol Motwani - Mon, 05/22/2023 - 10:45
The two oil companies announced their decision to relinquish their assets in Mexico due to unfavorable exploration results.
Newmont to Significantly Increase Profits and Production in 2021
By Paloma Duran - Mon, 07/26/2021 - 09:13
Newmont's profits increased significantly during 2Q21 and are expected to continue due to higher gold prices and production rates.