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PEMEX Reports 2025: Lower Debt, Surge in Refining
By MBN Staff - Mon, 03/02/2026 - 13:02
PEMEX closed 2025 with its lowest financial debt in 11 years, marking a turning point for the state oil company after years of mounting liabilities.
https://mexicobusiness.news/tag/downstream
More Oil & Gas
PEMEX, Interoceanic Corridor to Boost Energy Logistics in Mexico
By Perla Velasco - Fri, 02/27/2026 - 11:13
The partnership aims to integrate energy and rail infrastructure across the Isthmus of Tehuantepec.
Solar Farm Near Tula Refinery Advances
By Perla Velasco - Fri, 02/13/2026 - 09:22
State authorities in Tamaulipas announced progress on a large-scale solar farm project in Tula intended to inject electricity into the local grid.
Mexico’s Pipeline Integrity Crisis Can Be Solved: NDT Global
By Perla Velasco - Thu, 02/05/2026 - 12:25
NDT Global discusses the first ultrasonic crack detection for gas, the risks of PEMEX's reactive maintenance, and its Mexican tech analysis hub.
Mexico’s CNE Removes Price Cap on Gas LP
By MBN Staff - Tue, 01/27/2026 - 08:59
CNE has eliminated the methodology that established price caps on liquefied petroleum gas.
Dos Bocas Refinery Still Operates Below Capacity
By MBN Staff - Fri, 01/16/2026 - 16:07
PEMEX’s flagship Dos Bocas refinery continues to operate below its designed capacity more than a year after the start of its operations.
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.
Sheinbaum Visits Tula Refinery; PEMEX Pushes Downstream Recovery
By MBN Staff - Thu, 01/15/2026 - 10:20
President Claudia Sheinbaum made a recent visit to the Refinería Miguel Hidalgo “Tula” in Hidalgo.
PEMEX, Japan’s JICA Launch Energy Efficiency Project
By Perla Velasco - Mon, 12/29/2025 - 16:26
PEMEX announced a collaborative initiative with JICA and its partner ADAPTEX to implement an energy efficiency project at the Cadereyta Refinery.
PEMEX, CFE, SENER Oversee Installation at Salina Cruz Refinery
By MBN Staff - Mon, 12/22/2025 - 10:32
SENER, PEMEX and CFE oversaw the installation of a hydro-treatment reactor at the Salina Cruz refinery.