Mexican mix price 'shoots up' to $75.24 per barrel, the best level since July 2024
The price of Mexican oil jumped 7% to $75.24 per barrel, reaching its highest level in nearly 20 months due to geopolitical uncertainties.
Pemex returns to the markets with a historic issuance of 31 billion 500 million pesos
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 to place debt in pesos for the first time in 6 years; operation is for 31,500 million pesos
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.
Pemex trains 1,361 security personnel to combat fuel theft
Petróleos Mexicanos (Pemex) has trained 1,361 security personnel from various government levels to enhance strategies against fuel theft.
To reduce dependence on the US: Pemex awards contract to Carlos Slim in field with abundant gas reserves
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.
Pemex reduces its inventory of hazardous waste by 10% by the end of 2025
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.
Pemex Increases Investment by 34%; Focuses on Producing More
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.
With debt reduction, Pemex seeks to consolidate order and financial discipline: specialist
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.
The 2 conditions under which Mexico would close the 'tap' on oil to Cuba
Petróleos Mexicanos indicated that oil shipments to Cuba are minimal and discussed potential conditions for halting these exports during a recent investment plan presentation.
Mexico has an open contract with Cuba for oil shipment; continuity subject to availability
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.
Pemex reduces its debt to its lowest point in 11 years and investments grow by 34%
Petróleos Mexicanos (Pemex) announced a significant reduction in its debt to the lowest level in 11 years, enhancing its financial strength and stability.