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Halliburton has warned that payment delays from Mexico’s state-owned oil company Pemex are threatening the country’s oilfield ...
The Mexican government has launched a securities offering to strengthen Pemex’s financial position and liquidity to allow the state-owned oil company to meet its short-term obligations.
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 ...
The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be ...
Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...
Mexico's finance ministry announced an upcoming operation on Tuesday aimed at strengthening the finances of the country's ...
HOUSTON (Reuters) -U.S. oilfield service provider Halliburton on Tuesday said Mexico's crude production decline rates are ...
Borr Drilling disclosed new contract awards, announced management changes, and bolstered liquidity. Read why BORR stock is a ...
The EWTC claims Pemex owes its member companies $1.2 billion for work already invoiced in 2024 and 2025, including $871 million for 2024. The group said its members’ Mexico efforts in 2025 have ...
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 ...
While Pemex’s exploration and production arm is profitable, the company is facing losses elsewhere, particularly from its refining operations. In July Fitch, a credit-rating firm, downgraded Pemex.
The news that Emilio Lozoya, CEO of Mexican National Oil Company Petroleos Mexicanos (Pemex), would be stepping down came as no great surprise to many observers of Mexican oil politics. The ...