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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/federal-budget
More Oil & Gas
Record PEMEX Transfers Strain Mexico’s Finances
By MBN Staff - Thu, 01/15/2026 - 10:45
Federal government transfers to PEMEX closed in 2025 at unprecedented levels, placing growing pressure on public finances.
Mixed Contracts Awarded: The Week in Oil and Gas
By Perla Velasco - Thu, 12/18/2025 - 15:01
PEMEX has awarded the first five mixed contracts to private partners for the development of onshore fields.
PEMEX Reports on Budget Spending, Expands Financing for 2026
By Perla Velasco - Tue, 12/16/2025 - 13:14
PEMEX reported that it is executing its physical investment program in line with what was approved in the federal budget for the current fiscal year.
PEMEX Burns Through 67% of Rescue Funds to Cover Debt
By Andrea Valeria Díaz Tolivia - Tue, 07/22/2025 - 12:05
PEMEX has spent over two-thirds of its federal rescue funds, but mounting debt and unpaid supplier bills are threatening its production capacity.
Mexico’s Oil Revenue Declines in 2025
By MBN Staff - Mon, 06/02/2025 - 12:21
Oil revenues fell 12.3% year over year from January to April 2025, with PEMEX income down 24.2%.
PEMEX’s Key Role in the 2024 Elections: Wilson Center
By MBN Staff - Wed, 01/24/2024 - 13:39
Leonardo Beltran explains that PEMEX’s political influence, financial contributions, and social impact will influence the 2024 elections.
More Budget for Dos Bocas
By Perla Velasco - Mon, 02/27/2023 - 15:03
The government will provide MX$47.234 billion (US$2.362 billion) to put the refinery into operation this year.