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PEMEX Crude Output Dips 8% Year On Year Despite July Rebound
By Andrea Valeria Díaz Tolivia - Tue, 09/09/2025 - 16:04
PEMEX crude oil output fell 8% year on year in July, despite production hitting its highest level since late 2024.
https://mexicobusiness.news/tag/oil-revenues
More Oil & Gas
Mexico’s Oil Revenue Falls Amid Production Shortfall
By MBN Staff - Fri, 07/04/2025 - 09:15
Mexico's oil revenues fell by 23.8% in the first five months of 2025 compared to last year.
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%.
IEA Lowers 2025 Oil Demand Forecast Amid Trade Tensions
By MBN Staff - Tue, 04/22/2025 - 15:08
IEA has cut its global oil demand growth forecast for 2025, citing escalating trade tension.
PEMEX Reinforces Austerity Measures
By MBN Staff - Tue, 04/22/2025 - 13:25
The new measures, affecting electricity, water, and materials consumption, reflect deep cost-cutting across offices and subsidiaries.
PEMEX’s New Direction: The Week in Oil and Gas
By Perla Velasco - Fri, 09/06/2024 - 10:03
PEMEX’s new director signals a shift in its administration, steering toward major ESG compliance and better commercial relations.
Declining Oil Revenues Require New Strategy: IMCO
By Karin Dilge - Thu, 02/22/2024 - 06:43
IMCO underscores the urgency for a comprehensive reform to address the fiscal strain caused by the dwindling income from the oil sector.
IMCO Discusses PEMEX’s Potential Risk to Public Finances
By MBN Staff - Mon, 02/19/2024 - 09:45
Jesús Carrillo, Director of Economics, IMCO, says that the tax relief granted to PEMEX signals deterioration of the company.
Lower Oil Revenue for Mexico in 2023, PEMEX Covered for 2024
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.
Oil Reserves / CFE Aims to Generate 61% of National Energy
By Karin Dilge - Thu, 01/11/2024 - 12:05
AMLO said that Mexico has oil reserves for three more presidential terms. Manuel Bartlett says CFE will address 61% of the country’s energy needs.