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PEMEX Starts Paying Large Suppliers
By Perla Velasco - Wed, 02/28/2024 - 13:55
PEMEX began settling its debts with suppliers, while it also reported that supplier debt surged by 27.5%.
https://mexicobusiness.news/tag/pemex-debt
More Oil & Gas
PEMEX Fails to Report Payment Obligations With Suppliers
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PEMEX has ceased reporting of its payment obligations with suppliers and contractors on its portal.
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SHCP granted tax relief to PEMEX amid financial challenges following Moody's downgrade.
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By Karin Dilge - Mon, 01/22/2024 - 10:19
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PEMEX Advisor Urges Publicization of Debt
By Karin Dilge - Tue, 01/16/2024 - 12:46
Lorenzo Meyer Falcón, independent advisor to PEMEX, advocates for a 'Pemexproa' as a solution to the company's financial challenges in 2024 and beyond
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By Perla Velasco - Tue, 01/16/2024 - 12:03
PEMEX debt decreased by 22.5%. Octavio Romero presented comparative data with respect to past administrations.
PEMEX to Allocate US$6.3 Billion to Pay Interest on Debt
By Karin Dilge - Wed, 12/06/2023 - 11:45
PEMEX will allocate over MX$109 billion (US$6.3 billion) solely for the interest on its long-term financial debt this year.
PEMEX Reports Significant Losses Between July, September
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PEMEX reported a substantial net loss of MX$79.134 billion in 3Q23.
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President Andrés Manuel López Obrador is considering additional tax reductions for PEMEX, aiming to strengthen its financial position.
PEMEX’s Financial, Debt and Cash Flow Outlook
By Adriana Alarcón - Wed, 10/04/2023 - 14:11
PEMEX faces mounting debt, liquidity challenges and tax burdens as Mexico's dominant energy player, posing risks to its financial stability.