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Mexico's Oil Push: PEMEX Debt Relief, New Gas Pipelines
By Paloma Duran - Fri, 09/04/2026 - 12:14
Sheinbaum highlights US$20 billion in PEMEX debt cuts, new gas pipelines, and a 32,000MW power goal. This week's roundup.

https://mexicobusiness.news/tag/week-oilandgas
More Oil & Gas
Talos Acquires 50% Stake in Repsol's Block 29
By Fernando Mares - Thu, 07/30/2026 - 12:52
Talos Energy buys a 50% working interest in Repsol's Block 29 development offshore Mexico. This is the week in oil and gas!
Grupo Carso Finalizes TotalEnergies’ 30% Acquisition
By MBN Staff - Fri, 07/17/2026 - 10:35
Grupo Carso reached a binding agreement with TotalEnergies on July 16 to acquire its 30% non-operated stake in Block 30.
PEMEX’s Reserves Decrease: The Week in O&G
By MBN Staff - Fri, 07/10/2026 - 11:01
According to a recent SEC filing, PEMEX's 1P proven reserves closed 2025 at 7.471Bboe.
Mexico Analyzes Cuba Help: The Week in O&G
By MBN Staff - Fri, 07/03/2026 - 10:06
President Sheinbaum announced that Mexico is working to restart oil exports to Cuba through privately licensed fuel transport companies.
PEMEX, PETROBRAS Sign MoU: The Week in O&G
By MBN Staff - Thu, 06/25/2026 - 12:40
PEMEX Director Juan Carpio and Petrobras Executive President Magda Chambriard signed a two-year non-binding MoU in Rio de Janeiro.
Reopening of the Strait Received With Caution: The Week in O&G
By MBN Staff - Thu, 06/18/2026 - 12:30
Sparta Commodities warns the price collapse following the US-Iran agreement underestimates the logistical friction of restoring physical oil flows.
Oil Leak in Manzanillo: The Week in O&G
By Perla Velasco - Fri, 06/05/2026 - 08:00
An oily slick was detected in the Bay of Manzanillo on the night of June 2, prompting SEMAR to activate its hydrocarbon contingency plan.
Slim Dismisses Lakach: The Week in O&G
By Perla Velasco - Fri, 05/29/2026 - 09:44
Grupo Carso’s Carlos Slim has declared the US$1.88 billion Lakach deepwater gas field project technically and financially irrational.
PEMEX Finds Lithium: The Week in O&G
By Perla Velasco - Fri, 05/22/2026 - 10:17
PEMEX confirmed lithium traces in oil wells across the Burgos and Tampico-Misantla basins in Tamaulipas, Veracruz, and Tabasco.
S&P Revises PEMEX Outlook: The Week in Oil and Gas
By Perla Velasco - Fri, 05/15/2026 - 13:09
S&P Global Ratings revised PEMEX's credit outlook from stable to negative, maintaining the BBB rating but signaling a potential downgrade.