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Mexico's Mix Surges: The Week in Oil and Gas
By Perla Velasco - Fri, 03/06/2026 - 15:47
The conflict between the United States, Israel, and Iran has sent Mexico's crude export blend to its highest level in seven months.
https://mexicobusiness.news/tag/refining
More Oil & Gas
PEMEX Reports 2025: Lower Debt, Surge in Refining
By MBN Staff - Mon, 03/02/2026 - 13:02
PEMEX closed 2025 with its lowest financial debt in 11 years, marking a turning point for the state oil company after years of mounting liabilities.
PEMEX Returns to Mexico’s Capital Markets With Bond Placement
By Perla Velasco - Wed, 02/18/2026 - 09:12
PEMEX returned to the domestic capital markets after a seven-year absence, placing MX$31.5 billion on the BMV.
Moody’s Stresses Link Between Sovereign Risk, PEMEX
By Perla Velasco - Wed, 02/18/2026 - 08:57
Mexico’s sovereign risk profile and PEMEX’s sustainability remain closely intertwined, according to the latest assessment from Moody’s Ratings.
PEMEX Highlights Strategic Projects
By MBN Staff - Mon, 02/09/2026 - 09:19
PEMEX highlighted its investment program for 2026 that directs roughly MX$38 billion toward strengthening two core strategic developments.
PEMEX Production Hits Decades Low
By MBN Staff - Wed, 01/28/2026 - 12:57
PEMEX ended 2025 with total oil production (crude plus condensates) at 1.635MMb/d, marking a 7% decline year on year.

Grupo Carso Extends O&G Portfolio: The Week in Oil and Gas
By Perla Velasco - Thu, 01/22/2026 - 13:03
Grupo Carso has taken another decisive step in the sector with the acquisition of Fieldwood México, a subsidiary of Russia-based Lukoil.
Venezuela Shakes the Sector: The Week in Oil and Gas
By MBN Staff - Fri, 01/16/2026 - 09:16
The surge in oil exports follows a dramatic geopolitical shift in Venezuela. In early January 2026, US forces captured Nicolás Maduro.
Sheinbaum Visits Tula Refinery; PEMEX Pushes Downstream Recovery
By MBN Staff - Thu, 01/15/2026 - 10:20
President Claudia Sheinbaum made a recent visit to the Refinería Miguel Hidalgo “Tula” in Hidalgo.
What’s at Stake in the O&G Industry With Maduro’s Capture?
By Perla Velasco - Fri, 01/09/2026 - 11:35
Chevron has increased its loadings of Venezuelan oil as political upheaval and new US–Venezuela arrangements reshape the region’s energy landscape.