COGNICURRENT

Mexican President Claudia Sheinbaum announced that her government will limit oil production to 1.8 million barrels per day to promote a transition towards renewable energy sources.

In January, Mexico's crude oil exports fell to 294.4 thousand barrels per day, a significant decline of 44.6% compared to the previous year.

The article discusses the increased financial burden on Pemex due to the new Oil Law, highlighting a significant rise in payments compared to previous taxation conditions.

The CEAV has denied compensation for the family of a Pemex supervisor killed by fuel thieves, despite a human rights recommendation supporting their claim.

Sergio Mayer, a well-known figure from La Casa de los Famosos 6, shared his experiences of acting in films for Pemex that were created as training guides for the company's employees.

The audit reveals that Pemex and CFE could not account for over 1.8 billion pesos in 2024, with Pemex being primarily responsible for the discrepancies.

Mexican President Claudia Sheinbaum announced plans to propose a constitutional reform to limit high pensions for former government officials.

President Claudia Sheinbaum revealed the significant annual pensions received by former employees of PEMEX and LyFC and proposed a constitutional reform to eliminate these large pensions.

The Mexican federal government has revealed the exorbitant pensions paid to certain government agencies like Pemex and the Federal Electricity Commission, highlighting that some retirees receive as much as 1 million pesos monthly.

Despite economic deceleration and excessive caution from companies affecting public-private investment, the Mexican Stock Exchange (BMV) is seeing a positive outlook with new companies eager to enter the market.

The Superior Audit of the Federation (ASF) in Mexico has identified irregularities totaling 59.345 billion pesos in the final year of former President Andrés Manuel López Obrador's administration, including significant amounts flagged in federal spending.

Petróleos Mexicanos (Pemex) announced a record corporate issuance of 31.5 billion pesos in debt instruments, a key part of its Strategic Plan 2025-2035.

Pemex has successfully completed the largest corporate bond issuance in Mexican history, amounting to 31.5 billion pesos, aimed at addressing financial liabilities.

Pemex has achieved a record production of 1.027 million barrels per day of petroleum products in 2025, indicating improved operational efficiency in its refineries.

Mexican authorities arrested three individuals for allegedly transporting gasoline without proper authorization during Operation Centauro Norte.

According to a Moody's report, the financial rescue of Pemex has become the main obstacle for Mexico's fiscal consolidation, affecting the deficit and public debt.

Petróleos Mexicanos (Pemex) is set to issue debt in pesos for the first time in six years, amounting to 31.5 billion pesos, which analysts suggest could signal an active season for local markets.

Petróleos Mexicanos (Pemex) has trained 1,361 security personnel from various government levels to enhance strategies against fuel theft.

Mexican oil company Pemex aims for energy self-sufficiency through strategic projects like Trion and Sama, but experts caution that financial and operational challenges may delay progress.

Pemex reported a fatal accident involving its Nuevo Teapa-Salina Cruz pipeline, resulting in three deaths and several injuries.

An explosion in a Pemex pipeline in Oaxaca has resulted in three fatalities and six injuries during maintenance activities.

Three people were killed and six others injured in an explosion of a Pemex oil pipeline in Mexico's Isthmus of Tehuantepec region, as reported by the local governor.

Grupo Carso has signed a mixed contract with Pemex to develop the Macavil land field to boost hydrocarbon production in Mexico.

A Pemex pipeline explosion in El Barrio de la Soledad, Oaxaca, resulted in three fatalities and six injuries during routine maintenance.

Pemex's credit rating remains unchanged by S&P Global, highlighting discrepancies between official statements and the company's financial reality.

Pemex reported a significant net loss while experiencing rising debt and ongoing production challenges despite government support.

The Cuban government has informed airlines that effective this Monday, fuel supply for flights will cease due to U.S. restrictions on oil shipments to the island.

Mexican state-owned Pemex has awarded a contract for a crude oil and natural gas field to a company controlled by Carlos Slim, further consolidating his influence in the energy sector.

Petróleos Mexicanos (Pemex) awarded a mixed contract for the Macavil gas and condensate field to a company controlled by businessman Carlos Slim, according to Reuters.

President Claudia Sheinbaum and Pemex director Víctor Rodríguez Padilla highlighted financial and operational achievements while announcing significant upcoming projects, amidst ongoing challenges of transparency and corruption within Pemex.

Recent announcements regarding investment and Pemex lack solid backing, highlighting the government's limited maneuverability and outlining troubling fiscal statistics.

Petróleos Mexicanos (Pemex) has achieved a 10% reduction in its hazardous waste inventory by the end of 2025 as part of its environmental commitment, attributed to improved operational control and comprehensive waste management.

The PAN parliamentary group in the Chamber of Deputies described Pemex's financial rescue as a "mirage" that exacerbates the company's structural problems and threatens Mexico's economic stability.

Pemex's general director, Víctor Rodríguez, struggled to shine during the daily press conference, relying heavily on support from Energy Secretary Luz Elena González and President Sheinbaum to explain the company's strategies.

Petróleos Mexicanos plans to invest 425 billion pesos by 2026, increasing investment by 34% compared to 2025, to combat declining oil production and enhance operational efficiency.

Petróleos Mexicanos (Pemex) announced a debt reduction of $20 billion as part of its strategic plan for 2025-2035, which an energy sector specialist indicated will strengthen the company's financial position.

A fire broke out this afternoon in a Pemex pipeline in the Real de Rosarito area of Baja California, prompting the evacuation of residents from nearby homes due to safety concerns.

Pemex reported its fifth consecutive year of increasing gasoline production, with approximately 511,000 barrels per day produced in 2025.

Petróleos Mexicanos indicated that oil shipments to Cuba are minimal and discussed potential conditions for halting these exports during a recent investment plan presentation.

Petróleos Mexicanos (Pemex) has an open commercial contract with the Cuban government for the shipment of crude oil, which will continue based on availability, according to CEO Víctor Rodríguez.

Petróleos Mexicanos (Pemex) announced a significant reduction in its debt to the lowest level in 11 years, enhancing its financial strength and stability.

Pemex has disclosed that it has a single, normal oil sales contract worth $1.4 billion with Cuba for 2023, as stated by the company's director, Víctor Rodríguez.

Pemex's CEO announced a strategic plan aiming for a 34% increase in investment by 2026, while highlighting significant debt reduction since 2018.

Fitch Ratings warns that the current Mexican government support for Pemex is insufficient to help the company regain its investment grade in the near term.

The Olmeca refinery in Dos Bocas, Tabasco, has become Mexico's most productive facility within the National Refining System, achieving record processing levels.

The Puebla governor highlighted a public management model benefiting 1.6 million people through direct use of public machinery and strategic collaboration with PEMEX to enhance budget efficiency.

Mexico's continued oil shipments to Cuba strain relations with the U.S. amidst the Venezuelan crisis.