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By Perla Velasco - Thu, 02/15/2024 - 08:00
Despite a proposed reform package to further strengthen PEMEX, the NOC faced a challenging week following several emergencies.
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/moodys
More Oil & Gas
By Karin Dilge - Wed, 10/11/2023 - 14:33
President Andrés Manuel López Obrador is considering additional tax reductions for PEMEX, aiming to strengthen its financial position.
By Perla Velasco - Tue, 10/03/2023 - 13:31
Moody’s Investors Services sheds light on the outlook for PEMEX and its role in Mexico’s energy landscape
By Karin Dilge - Thu, 09/21/2023 - 03:28
PEMEX's debt with suppliers triggers disputes and service suspensions, posing supply challenges and financial risks.
By Karin Dilge - Tue, 09/12/2023 - 04:58
Ongoing support for PEMEX and key government programs, such as pensions and flagship projects, is tightening fiscal control in Mexico.
By Karin Dilge - Thu, 08/03/2023 - 11:12
PEMEX’s challenges persist under López Obrador, impacting profits, revenues, and ratings.
By Perla Velasco - Thu, 08/03/2023 - 08:55
After its rating downgrade and a negative outlook perspective, PEMEX announced more federal financial support.
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.
By Perla Velasco - Thu, 07/27/2023 - 10:14
PEMEX's debt situation has fueled a shadow market where individuals claim to expedite backlogged payments in exchange for bribes.
By Perla Velasco - Mon, 07/24/2023 - 17:31
Moody's Investors Services reaffirmed PEMEX's B1 rating. However, the outlook for the NOC’s base credit risk assessment has been changed to negative.
