Pemex, Mexico's heavily indebted state energy company, reported an 11.3% drop in first-quarter production of crude and condensate on Wednesday as falling sales and foreign-exchange losses contributed ...

This move comes as the company faces challenges in meeting the Mexican Government's production target of 1.8mbbl/d.

Mexican oil giant Pemex is in discussions with businessman Carlos Slim to finance development projects at two key oil and ...

Mexico's finance minister sits on Pemex's board of directors. China will commit credit lines of just under $10 billion to ...

The wildly popular president of Mexico is advancing industrial policies that resemble Joe Biden’s, but they’re premised on a ...

May 12, 2025 Mexico's Pemex plans to export less crude oil as new refinery starts up, official says The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil ...

MEXICO CITY (Reuters) -Pemex, Mexico's heavily indebted state energy company, reported an 11.3% drop in first-quarter production of crude and condensate on Wednesday as falling sales and foreign ...

Pemex is trying to increase its gas production by 1 billion cubic feet per day within a three-year period. The eight blocks in the Burgos basin cover an area of approximately 13,300 square kilometers.

Pemex is playing catch up in deepwater. Oil majors operating in the U.S. Gulf of Mexico are developing oil projects in waters up to 9,000 feet.

MEXICO CITY, Mexico (CNN)-- Mexico's Congress has passed a bill allowing private investment in the nation's state oil monopoly, Petroleos Mexicanos, or Pemex. The vote on Tuesday was preceded by ...

MEXICO CITY (Reuters) -Pemex, Mexico's heavily indebted state energy company, reported an 11.3% drop in first-quarter production of crude and condensate on Wednesday as falling sales and ...

MEXICO CITY (Reuters) -Mexican state energy company Pemex plans to reopen old wells in a bid to squeeze more barrels out of them to boost declining oil production, according to two documents and four ...