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Record Investments, Lower Exports: The Week in Oil and Gas
By Perla Velasco - Thu, 04/04/2024 - 10:20
PEMEX reported a significant increase in gasoline output while it cut export contracts, further advancing López Obrador self-sufficiency goals.
https://mexicobusiness.news/tag/debt
More Oil & Gas
Dos Bocas’ Cost Doubles: The Week in Oil and Gas
By Perla Velasco - Thu, 03/07/2024 - 11:09
After several delays, Dos Bocas is expected to reach full capacity in March. However, costs have more than doubled.
PEMEX Reports Earnings for Two Consecutive Years
By MBN Staff - Fri, 03/01/2024 - 09:13
In 2023, PEMEX recorded earnings of MX$109.920 billion, marking two consecutive years of positive results.
Diesel: Dos Bocas’ First Product
By Karin Dilge - Thu, 02/29/2024 - 17:14
Dos Bocas is set to initiate crude processing for commercial purposes in the coming weeks, with diesel expected as the primary output.
PEMEX Reports Earnings, Supplier Debt: The Week in Oil and Gas
By Perla Velasco - Thu, 02/29/2024 - 10:38
PEMEX reported earnings in 4Q23 while debt to suppliers surged 27.5%.
PEMEX Fails to Report Payment Obligations With Suppliers
By MBN Staff - Mon, 02/19/2024 - 09:35
PEMEX has ceased reporting of its payment obligations with suppliers and contractors on its portal.
Moody's Downgrades PEMEX Rating Amid Rising Debt
By Karin Dilge - Mon, 02/12/2024 - 15:13
Moody's downgrades PEMEX's credit rating to B3 amid mounting debt and operational hurdles, citing increased liquidity challenges and other risks.
COPARMEX Discusses PEMEX's Supplier Debt, Reform Package
By Perla Velasco - Fri, 02/09/2024 - 09:29
COPARMEX discussed PEMEX’s debt to suppliers and released a statement regarding the reforms proposed by López Obrador.
Cadereyta Refinery Under Scrutiny in USMCA Review
By MBN Staff - Thu, 02/08/2024 - 13:46
The Commission for Environmental Cooperation will examine allegations on the management of pollutant emissions from the PEMEX refinery in Cadereyta.
Investment Grows in the Sector: The Week in Oil and Gas
By Perla Velasco - Thu, 02/08/2024 - 09:27
The private sector remains active in Mexico's oil and gas industry despite encountering a challenging environment.