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Venezuela Shakes the Sector: The Week in Oil and Gas
By MBN Staff - Fri, 01/16/2026 - 09:16
The surge in oil exports follows a dramatic geopolitical shift in Venezuela. In early January 2026, US forces captured Nicolás Maduro.
https://mexicobusiness.news/tag/citigroup
More Oil & Gas
Sheinbaum Appoints New PEMEX Director: The Week in Oil and Gas
By Perla Velasco - Thu, 08/29/2024 - 09:14
Claudia Sheinbaum has announced who the next PEMEX director will be, signaling an important shift.
PEMEX Reduces Supplier Debt by 5.63%
By MBN Staff - Mon, 08/26/2024 - 09:31
Despite this reduction, PEMEX faces significant financial obligations that raise concerns for its supply chain.
Citigroup, Deutsche Bank Provide Financing to PEMEX
By Sergio Taborga - Fri, 08/23/2024 - 11:17
Citigroup and Deutsche Bank have stepped in to provide financing to PEMEX to help it settle debts with SLB.
Domino’s Shares Plunge 10% After Halting Store Expansion
By MBN Staff - Fri, 07/19/2024 - 16:26
Domino's Pizza shares plummeted by 10% after the company unexpectedly halted its store expansion plans.
Tech Industry Faces Unprecedented Layoffs Amid Record Profits
By Diego Valverde - Wed, 02/14/2024 - 15:12
The technology industry is facing a wave of massive layoffs despite record profits in 2023.
2024 Unveils Ongoing Layoffs Across Industries
By MBN Staff - Tue, 02/13/2024 - 13:25
2024 brings a wave of layoffs across industries, signaling ongoing restructuring efforts amid economic concerns and high interest rates.

CitiBanamex Advances in Separation, Appoints New Directors
By MBN Staff - Wed, 02/07/2024 - 09:35
Citigroup is moving forward with the separation of its Mexican subsidiary, Banamex, appointing two directors to lead the transition process.
PEMEX Receives Fiscal Relief of MX$200 Billion
By Karin Dilge - Wed, 01/31/2024 - 04:40
The Ministry of Finance has proposed two support mechanisms for PEMEX, totaling MX$200 billion, to support the NOC with its debt commitments.
Mexico Places New Sustainable Bonds
By Paloma Duran - Tue, 01/30/2024 - 13:46
Through the latest bond issue, the government expects Mexican companies to use more green and social bonds.