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AFORE Investments in PEMEX and CFE Surge
By MBN Staff - Tue, 01/30/2024 - 08:15
In 2023, Retirement Fund Administrators (AFORE) witnessed a significant increase in investments in PEMEX and CFE.
https://mexicobusiness.news/tag/fitch-ratings
More Oil & Gas
Proposal to Make PEMEX’s Debt Public Ignites Debate
By Perla Velasco - Mon, 01/29/2024 - 10:14
A proposal to make PEMEX's debt public is igniting debate. Defenders argue it could safeguard finances but detractors are wary of the NOC’s debt.
Mexico Set to Develop First Ultra-Deepwater Field
By Perla Velasco - Thu, 08/31/2023 - 09:22
CNH approved Woodside and PEMEX’s Trion project development proposal. This and more in this week’s roundup!
PEMEX Faces Liquidity Concerns as Debt Looms
By Karin Dilge - Sat, 08/26/2023 - 01:55
PEMEX grapples with debt and liquidity worries, despite substantial government aid.
Total Energies to Develop Exploration Project
By Perla Velasco - Thu, 08/24/2023 - 10:33
CNH greenlighted Total Energies’ plan for an exploration project in Mexico.
Support for PEMEX Puts Mexico’s Credit Rating at Risk
By Paloma Duran - Mon, 08/21/2023 - 16:43
Fitch Ratings warned that the Mexican government's support for PEMEX could lead to an increase in debt.
Government Will Continue to Financially Support PEMEX: Fitch
By Karin Dilge - Thu, 08/17/2023 - 04:45
Fitch Ratings agency has indicated that the Mexican government is likely to maintain its substantial annual financial for PEMEX.
PEMEX Reports Profits in 1H23
By Perla Velasco - Mon, 08/07/2023 - 16:16
For the second year in a row, PEMEX has reported net profit in 1H23, according to IMCO.
PEMEX Juggles With Debt
By Perla Velasco - Thu, 08/03/2023 - 08:55
After its rating downgrade and a negative outlook perspective, PEMEX announced more federal financial support.
PEMEX to Review Contract With Moody’s
By Perla Velasco - Mon, 07/31/2023 - 17:00
PEMEX will review its contract with Moody's following the latter’s decision to change the NOC's base credit risk assessment to negative.