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By Luis Miguel Labardini - Fri, 08/15/2025 - 06:00
Mexico's oil and gas industry is paralyzed due to PEMEX's debt to suppliers, impacting service companies and production, writes Luis Miguel Labardini.
https://mexicobusiness.news/tag/payment-delays
More Oil & Gas
By Perla Velasco - Thu, 07/17/2025 - 08:01
Mixed contracts have sparked the interest of private players with at least 14 companies interested in partnering with the NOC.
By MBN Staff - Wed, 07/16/2025 - 09:11
President Claudia Sheinbaum recently held a meeting with executives from Baker Hughes to follow up on key investments.
By MBN Staff - Thu, 07/10/2025 - 11:12
Carlos Slim has called for greater private sector participation to help rescue state-owned oil company PEMEX.
By MBN Staff - Thu, 05/15/2025 - 12:45
PEMEX completed only 17 wells in 1Q25, its lowest first-quarter drilling activity since 1995.
By Perla Velasco - Fri, 05/02/2025 - 09:44
PEMEX has approved a new regulatory framework to support mixed development contracts with private sector partners.
By MBN Staff - Wed, 03/12/2025 - 12:02
In 2024, PEMEX’s supplier debt reached MX$506 billion, a 37.4% increase from 2023.
By Perla Velasco - Thu, 01/30/2025 - 15:47
Mexico’s oil-dependent states are facing serious economic setbacks due to PEMEX’s delayed payments.
By Perla Velasco - Tue, 01/28/2025 - 12:06
Key players like Borr Drilling and Paratus Energy Services are reporting substantial overdue payments.
By Perla Velasco - Mon, 01/06/2025 - 09:41
This drop represents a decrease of 84Mb/d over the past year. Tabasco, the leading state for onshore crude extraction in Mexico
