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Mexico’s Pemex Secures $500m in New Funding to Help It Take Over Texas Refinery
The acquisition would secure critical fuel supplies for the state oil company
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered…
Pemex Restores Oil Output Suspended Due to Platform Fire
Its has resumed 421,000 barrels per day in oil production and brought back online 125 wells following a deadly fire at an offshore platform on Aug. 22.
Mexico’s Pemex Struggles To Restore Oil Output Lost After Fatal Fire
Mexico’s state-owned oil firm Pemex has restored part of the oil production suspended after Sunday’s fatal fire that killed seven people,
Mexico to Create State-Owned LPG Company
Mexico is working to create a state-owned company that will distribute LPG at a "fair price" using state-owned Pemex supply to compete with the private-sector, …
Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire
Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared th…
Mexican National Oil Company to Run USA Refinery
Pemex, whose holdings include six refineries in Mexico, will become the sole owner of a seventh refinery – in the United States.
Mexican State Oil Firm Pemex Reports $23 Billion Loss in 2020
The company said it had faced "the worst crisis in its history" last year due to the health crisis sweeping the planet.
Talos Continues Talks With Pemex Over Massive Shared Oil Discovery Off Mexico
Talos Energy, leading a consortium of foreign oil companies, discovered the large Zama oil deposit in 2015.
Mexico May Delay Energy Reform
Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state…
Mexico’s Pemex Slashes Oil Production Target For 2021
Mexico has revised down energy giant Pemex’s oil production target for next year by more than 8 percent in what was a no-surprise move to those familiar with t…
Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions
Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy.
Crude Shipments Resume from Pemex Floating Oil Storage Unit After Collision
An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted …
Mexico Rejects Global Plan To Cut Oil Production
The deadly price war and coronavirus cocktail that threw most of the global industry into a panic seems to have missed one of the large national players: Mexico…