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Regulatory, Operative, Financial Challenges Hit PEMEX
By Perla Velasco - Thu, 02/15/2024 - 08:00
Despite a proposed reform package to further strengthen PEMEX, the NOC faced a challenging week following several emergencies.
https://mexicobusiness.news/tag/downgrade
More Oil & Gas
SHCP Grants PEMEX Tax Relief Amid Financial Pressures
By MBN Staff - Thu, 02/15/2024 - 03:21
SHCP granted tax relief to PEMEX amid financial challenges following Moody's downgrade.
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.
PEMEX, CFE Pose Threats to Mexico’s Credit Rating: S&P
By Perla Velasco - Wed, 02/07/2024 - 09:20
S&P identifies PEMEX, CFE and energy policy as threats to Mexico’s debt grade, while López Obrador pushes for his own energy reform.
AFAC, FAA Pen New Agreement to Help Mexico Recover Category
By Sofía Hanna - Mon, 07/26/2021 - 15:40
AFAC announced an agreement with FAA to recover Mexico’s lost Category 1 ranking
Air Safety Rating Downgrade Less Damaging Than Expected
By Jorge Ramos Zwanziger - Wed, 06/02/2021 - 16:17
What will be the impact of Mexico’s air safety rating downgrade? What do airlines have to say?
Updated: Mexican Air Safety Rating to be Downgraded
By Sofía Hanna - Mon, 05/24/2021 - 16:06
After some discrepancies remained unaddressed, the FAA might downgrade Mexico’s air safety rating. What does this mean?
A Perfect Storm For PEMEX?
By Peter Appleby - Mon, 04/20/2020 - 13:26
The NOC faces even tougher market realities in oil and gas’ most difficult period for decades.