Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...

U.S. oilfield service provider Halliburton on Tuesday said Mexico's oil production decline rates are creating pressure for a ...

Halliburton has warned that payment delays from Mexico’s state-owned oil company Pemex are threatening the country’s oilfield ...

The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be classed as Mexican public debt but “will not be consolidated with the ...

MEXICO CITY--Mexico plans a debt transaction in favor of Petróleos Mexicanos to shore up the finances of the state oil company and help it meet short-term obligations, the Finance Ministry said ...

Mexico's state-owned oil company is drowning in a sea of cheap oil. Pemex, as the oil giant is known, is suffering from a steep decline in production that has been exacerbated by the crash in crude.

MEXICO CITY, Oct 3 (Reuters) - Mexican state oil company Pemex has issued $4 billion in bonds and repurchased debt worth $1.5 billion as part of a plan to strengthen its finances, Chief Financial ...

We need to see what happens with the oil price and the company’s production, but the problems are still there.” Pemex’s financial woes have continued to mount despite the government’s move to open up ...

Furthermore, oil platforms in Mexico saw some of the country’s worst outbreaks of Covid-19 during the height of the pandemic. Pemex saw more Covid-19 deaths than any other company in Mexico, and the ...

Pemex reveals package of financial support measures Restructured $8 billion loan and fiscal adjustments aim to ease heavy tax burden 15 May 2019 19:05 GMT Updated 17 May 2019 14:55 GMT ...