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PEMEX Doesn't Need More Money: It Needs a New Purpose
By Luis Manuel León - Fri, 08/21/2026 - 05:30
The abyss into which PEMEX is sinking is no longer open to technical debate; it is a numerical fact, writes Luis Manuel León.
https://mexicobusiness.news/tag/carlos-slim
More Oil & Gas
Talos Buys 50% of Repsol's Block 29 Offshore Mexico
By Fernando Mares - Wed, 07/29/2026 - 12:55
Talos Energy acquired a 50% interest in Repsol's Block 29 offshore, targeting deepwater discoveries Polok and Chinwol in the Salinas Basin.
World Cup Jobs, 40-Hour Week, AI Gaps Define Talent This Week
By Sergio Arturo Lievano Madrigal - Fri, 07/17/2026 - 13:10
This week, the 40-hour workweek advances, World Cup hiring fades, AI automation outpaces skills, and lawmakers target entry-level barriers.
Grupo Carso Finalizes TotalEnergies’ 30% Acquisition
By MBN Staff - Fri, 07/17/2026 - 10:35
Grupo Carso reached a binding agreement with TotalEnergies on July 16 to acquire its 30% non-operated stake in Block 30.
Carso Acquires TotalEnergies' 30% in Block 30, KAN Discovery
By MBN Staff - Fri, 07/17/2026 - 10:14
Grupo Carso reached a binding agreement with TotalEnergies on July 16 to acquire the 30% interest that the French energy company holds in Block 30.
Slim Renews Pushback on Mexico's New 40-Hour Week
By MBN Staff - Tue, 07/14/2026 - 08:54
Carlos Slim renews opposition to Mexico's 40-hour workweek reform, arguing that higher wages matter more than shorter hours.
Mexico Targets Cantarell With Petrobras Technology
By MBN Staff - Mon, 07/13/2026 - 10:08
Mexico plans to intensify oil exploration at Cantarell using deepwater techniques developed by Brazil's Petrobras.
Elementia to Issue Up to MX$4.5 Billion in BMV Bonds
By Duncan Randall - Wed, 06/24/2026 - 10:41
Elementia Materiales will issue up to MX$4.5 billion in bonds on the BMV under ELEMAT 26.
Minera Frisco Restarts Two Mines, Plans New Silver Unit
By Paloma Duran - Tue, 06/09/2026 - 09:30
Minera Frisco restarted operations in Sonora and Baja California, with a new silver unit in Durango set for end-2026.

Rail Plans, Energy, Housing Risks: The Week in Infrastructure
By Adriana Alarcón - Fri, 05/29/2026 - 10:35
Royal Caribbean cancels Mahahual, Carso pledges US$5 billion, Mexico advances rail, and CFE grid upgrades. This and more in your weekly roundup.
Slim Calls Lakach "Irrational" Ends Partnership With PEMEX
By Perla Velasco - Fri, 05/29/2026 - 09:39
Grupo Carso’s Carlos Slim has declared the US$1.88 billion Lakach deepwater gas field project technically and financially irrational.