Sophisticated criminal networks are illegally importing huge volumes of fuel — and piling pressure on Mexico’s president
The company owed its providers $25bn at the end of 2024, up from $7.6bn at the end of 2018
Claudia Sheinbaum, a former climate scientist, explores shale to ease dependence on unpredictable US president
Energy economics specialist Víctor Rodríguez will run Mexico’s 86-year-old state oil company Pemex
Energy economics specialist Víctor Rodríguez tasked with helping turn round the fortunes of state-run energy company
Pemex CEO says rating agencies and investors calling the Mexican state group a ‘bottomless barrel’ or ‘bankrupt’ are ignorant
Budget should calm markets but indebted state oil company needs fundamental reform
Mexican state oil company will require more government support, Fitch and Moody’s say
Issuance by heavily indebted state-owned oil company comes amid emerging market revival
Formal opening of Pemex’s Dos Bocas refinery heralded a landmark by president despite questions over profitability
National oil company says it will exchange invoices for notes as contractors report payment delays
Absence of detailed plan for green energy transition among a number of ‘fundamental issues’ at state-controlled oil group
State-controlled company says 420,000 b/d remain offline after blaze in Gulf of Mexico
Decision hits Talos Energy, Premier Oil and Wintershall and risks international litigation
Legislation gives government the power to suspend permits granted to private companies in the hydrocarbons sector
Plus: API lays down battle lines against Biden, McKinsey’s gloomy climate outlook and fossil fuels coming rebound
World’s most indebted oil company can no longer delay wholesale reform
Debt-laden state oil group faces struggle to achieve president’s aim of becoming a growth engine
President’s pet project holds line on output growth despite oil crisis and mammoth losses
Downgrade will trigger bond sales and raise financing costs for Mexico’s indebted oil company
Possible move by state-owned energy group would mark a U-turn for López Obrador
Foreign energy companies accuse Pemex of trying to seize control of lucrative Zama field
The state energy company is battling to stave off another downgrade to its junk-rated debt
Guests were served a form with a suggested donation to the National Lottery
Emilio Lozoya is the highest-profile figure to be charged in López Obrador’s anti-graft drive
