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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.
https://mexicobusiness.news/tag/upstream
More Oil & Gas
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.
By Perla Velasco - Mon, 02/16/2026 - 14:52
Grupo TMM discusses supporting the Trion project, leveraging the Interoceanic Corridor, and using AI "Supply Chain Insights Hub" for nearshoring.
By Perla Velasco - Thu, 02/12/2026 - 14:02
Halliburton reported that in 2025 it paid US$112 million in income taxes in Mexico, making it the largest foreign tax jurisdiction for the company.
By Perla Velasco - Thu, 02/12/2026 - 13:31
Drillinktech discusses the "quick-win" strategy for mature assets, the shift from high-risk drilling to well interventions, and its 2026 O&G vision.
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.
By MBN Staff - Fri, 02/06/2026 - 13:21
PEMEX has awarded a new mixed contract for the onshore Macavil field to a company linked to billionaire Carlos Slim.
By MBN Staff - Tue, 02/03/2026 - 08:38
Woodside Energy reported that the Trion ultra-deepwater oil project in Mexico reached 50% completion by the end of 2025.
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.
By MBN Staff - Tue, 01/27/2026 - 08:53
PEMEX is planning a significant ramp-up of investment in hydraulic fracturing activities in the Chicontepec Basin.

















