By Ana Isabel Martinez, Adriana Barrera and Stefanie Eschenbacher MEXICO CITY, Dec 16 (Reuters) - Mexican state oil company Pemex has awarded five of the 11 new joint venture contracts it had planned ...

After a disapppointing contract auction, Pemex reported revenues of US $925.4 million in November, a 50% drop from 2024.

Pemex’s ongoing crude deliveries to the island are heightening tensions with Washington amid the Venezuela crisis ...

Pemex remains financially strained, with nearly $100 billion in debt, weak cash flow, and ongoing production declines. New joint venture contracts have failed to attract Big Oil, with recent awards ...

FILE PHOTO: The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City MEXICO CITY (Reuters) - At least one contractor was killed after a fire struck an offshore ...

Mexico’s state oil company Pemex is preparing to replace the head of its exploration and production unit just months after ...

MEXICO CITY, May 23 (Reuters) - A new oil refinery belonging to Mexico's state-owned Pemex, a top priority of the country's president, will again miss its promised launch date to begin production, ...

MEXICO CITY, July 26 (Reuters) - The chief executive of Mexico's state oil company Petroleos Mexicanos (Pemex) on Wednesday said an oil pipelineleak in the Gulf of Mexico earlier this month was fixed ...

(Bloomberg) -- Mexican authorities say an oil trader at state-owned Petroleos Mexicanos acted improperly when he struck a deal in 2017 to store crude at sea after Hurricane Harvey. Emilio Sampayo, who ...

MEXICO CITY, Jan 28 (Reuters) - Output of crude oil and condensates at Petroleos Mexicanos (Pemex) rose nearly 3% last year, official data showed, narrowly missing the Mexican state oil company's ...

The rebound in oil prices over the last two years brought in record profits for the world’s largest crude producers, shoring up local economies and boosting jobs. Despite the fanfare, Latin America, ...

Pemex’s oil exports are falling while Mexico’s reliance on foreign fuels is rising in spite of a government goal to shed its dependence on global energy markets. The company’s crude oil exports hit ...