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Petroleos Mexicanos

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  • Thursday, 14 January, 2021
    Energy Source
    How Mexico’s Pemex went from cash cow to financial drain Premium

    Plus: API lays down battle lines against Biden, McKinsey’s gloomy climate outlook and fossil fuels coming rebound

  • Tuesday, 5 January, 2021
    Pemex drains reserves of quick fixes as cash crunch looms

    World’s most indebted oil company can no longer delay wholesale reform

  • Tuesday, 28 July, 2020
    Pemex hit by loss of nearly $2bn as former boss goes on trial

    Debt-laden state oil group faces struggle to achieve president’s aim of becoming a growth engine

  • Tuesday, 5 May, 2020
    News in-depth
    Mexico’s Pemex: from cash cow to resource drain

    President’s pet project holds line on output growth despite oil crisis and mammoth losses

  • Friday, 17 April, 2020
    Pemex slapped with second ‘junk’ rating

    Downgrade will trigger bond sales and raise financing costs for Mexico’s indebted oil company

  • Wednesday, 11 March, 2020
    Mexico eyes production cut at Pemex as oil crashes

    Possible move by state-owned energy group would mark a U-turn for López Obrador

  • Monday, 9 March, 2020
    Battle over oil discovery is test case for Mexico investors

    Foreign energy companies accuse Pemex of trying to seize control of lucrative Zama field

  • Thursday, 27 February, 2020
    Pemex annual loss nearly doubles as production misses target

    The state energy company is battling to stave off another downgrade to its junk-rated debt

  • Monday, 24 February, 2020
    Jude Webber
    Mexico's business leaders cough up at a charity dinner

    Guests were served a form with a suggested donation to the National Lottery

  • Promoted Content
  • Wednesday, 12 February, 2020
    Mexico
    Former Pemex boss arrested on corruption charges in Spain

    Emilio Lozoya is the highest-profile figure to be charged in López Obrador’s anti-graft drive

  • Thursday, 9 January, 2020
    News in-depth
    Mexico’s Pemex in deep water as debt outlook worsens

    State-owned oil group faces risk of further rating downgrades and grapples with output woes

  • Tuesday, 7 January, 2020
    News in-depthMexico
    López Obrador’s frugality tested by flat Mexico growth

    Uncertainty over the president’s policies is causing investors to hold back

  • Monday, 28 October, 2019
    Pemex reports fourth straight quarterly loss as oil output rises

    Company’s chief financial officer says that stabilising production is a top priority

  • Friday, 11 October, 2019
    Mexico
    IMF says Mexico’s policies are hurting growth

    Fund urges speeding up of tax reforms and private sector involvement in oil industry

  • Thursday, 3 October, 2019
    News in-depthThe Big Read
    Mexico: López Obrador makes a big bet on oil

    President wants to abandon ‘neoliberalism’ but critics say his plans for Pemex are flawed

  • Thursday, 12 September, 2019
    Pemex pays up to secure $7.5bn bond issue

    Attractive pricing draws investor support for debt-laden state oil company

  • Thursday, 12 September, 2019
    News in-depthEnergy sector
    Mexico raids the piggy bank to prop up Pemex

    Analysts fear $5bn injection into state oil company could erode state accounts

  • Wednesday, 11 September, 2019
    Fitch says Pemex downgrade risk still on the table
  • Wednesday, 11 September, 2019
    Capital markets
    Mexico to inject another $5bn into state oil group Pemex

    Company launches debt management swap of an expected $15bn to avoid downgrade

  • Thursday, 29 August, 2019
    Mexico
    Mexico set to allow state group to resume private oil ventures

    President López Obrador moves to backtrack over fierce opposition to energy reforms for Pemex

  • Thursday, 8 August, 2019
    News in-depth
    Pemex bonds pique investors’ interest but doubts remain

    Mexican government’s rescue plan for debt-laden state oil group underwhelms

  • Friday, 26 July, 2019
    Pemex hails stabilisation of oil production as net loss narrows
  • Tuesday, 23 July, 2019
    The Commodities NoteCommodities
    The dangers of oil companies that are ‘too big to fail’

    Raising accountability today is a must for governments hoping to avoid bailouts tomorrow

  • Thursday, 18 July, 2019
    Lex
    Pemex/Mexico: slick solution needed Premium

    Investors are right to be sceptical of government’s plans to restore oil group’s fortunes

  • Thursday, 18 July, 2019
    News in-depth
    Investors baulk at Mexican plan to revive Pemex

    Tax breaks and fresh funds will buy time, but few believe it can stave off a downgrade

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