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Moody’s Lifts PEMEX Rating to B1 on Stronger Government Support
By Andrea Valeria Díaz Tolivia - Wed, 09/10/2025 - 11:19
Moody’s upgrades PEMEX’s rating to B1 from B3, citing Mexico’s reinforced backing and a new strategic plan, though core financial weaknesses persist.
https://mexicobusiness.news/tag/refining-losses
More Oil & Gas
IMCO Sees PEMEX Plan as Step Forward, Flags Key Challenges
By MBN Staff - Wed, 08/13/2025 - 10:53
IMCO praises PEMEX’s new plan for diversifying funding but warns that debt, refining inefficiencies, and slow project execution threaten recovery.
PEMEX Improves Gasoline Output: The Week in Oil and Gas
By Perla Velasco - Thu, 02/06/2025 - 09:28
PEMEX’s gasoline and diesel production outpaced fuel oil output in 4Q24, signaling a refining shift.
PEMEX Coking Unit in Tula to Be Ready by 2025
By Perla Velasco - Wed, 07/24/2024 - 11:00
PEMEX’s coking unit in Tula is now expected to be operational by early 2025.
Mexico to Reach Energy Self-Sufficiency in 2025
By Perla Velasco - Wed, 01/10/2024 - 09:23
PEMEX CEO reported on the NOC’s operations in 2023 and discussed its outlook toward 2025.