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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.
Featured content
Thu, 04/11/2024 - 10:12
Global geopolitical issues are transforming the steel market; Mexico could take advantage of these opportunities, says TUVANSA’s Marcos Ávalos.
https://mexicobusiness.news/tag/gabriel-yorio
More Oil & Gas
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 - 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.
By Perla Velasco - Thu, 10/19/2023 - 12:12
Mexico is looking to secure its oil income for next year with its traditional hedge fund.
By Perla Velasco - Tue, 08/01/2023 - 14:04
This refinancing initiative will be complemented by an injection of capital from the government.
By Perla Velasco - Fri, 05/19/2023 - 09:57
PEMEX’s result is primarily influenced by the anticipated level of ongoing federal support for the NOC.
By Karin Dilge - Tue, 05/02/2023 - 14:23
The government does not foresee an injection of capital to the NOC this year.
By Anmol Motwani - Thu, 04/27/2023 - 15:41
Part of its ballooning debt, PEMEX owes a large sum of money to its suppliers.
By Karin Dilge - Tue, 04/18/2023 - 08:00
Gabriel Yorio, Deputy Minister of Finance, reported that the government will help the NOC by delaying tax payments.
