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By Perla Velasco - Mon, 03/04/2024 - 10:26
PEMEX closed 4Q23 with significant profits despite debt challenges.
https://mexicobusiness.news/tag/duc
More Oil & Gas
By Perla Velasco - Thu, 02/01/2024 - 10:52
Mexico did not activate its oil hedge in 2023, citing an alignment of oil prices with expectations throughout the year.
By Perla Velasco - Thu, 02/01/2024 - 08:59
Oil revenue in 2023 stood below projections, and the NOC’s debt for 2024 is covered, reports the Treasury.
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.
By Perla Velasco - Tue, 01/16/2024 - 12:03
PEMEX debt decreased by 22.5%. Octavio Romero presented comparative data with respect to past administrations.
By Perla Velasco - Wed, 01/10/2024 - 09:23
PEMEX CEO reported on the NOC’s operations in 2023 and discussed its outlook toward 2025.
By Perla Velasco - Thu, 11/23/2023 - 09:24
Shell has relinquished a deepwater contract in favor of PEMEX. This and more in this week’s roundup!
By Perla Velasco - Thu, 11/16/2023 - 11:44
The FMP saw a sustained decrease in financial contributions from private operators. Meanwhile, PEMEX made significant payments in October.
By Perla Velasco - Thu, 10/26/2023 - 10:16
The government has taken measures to combat illicit fuel, while CRE has strengthened its regulatory capacity.
By Perla Velasco - Fri, 10/20/2023 - 16:03
The Chamber of Deputies approved the 2024 Federal Revenue Law, introducing various adjustments including a reduction of PEMEX’s tax burden.