The state Petróleos Mexicanos (Pemex) He announced on Wednesday millionaire investments in the next five years to increase its production of crude oil, gas and fuels, as well as reactivating that of petrochemicals and fertilizers, while working to relieve its heavy debts. The plan, which in its various items adds about 2.24 billion pesos (US […]
Tag: Pemex
Mexican Treasury: support for Pemex will continue “for years” due to its “very large” debt
The Secretary of Finance and Public Credit of the Government of Mexico, Rogelio Ramírez de la O, admitted this Tuesday that the fiscal support to the state Mexican oil (Pemex) will continue “for years“because your debt is”very big”. “You cannot hide the sun with a finger, it is a very large company that has been […]
Sheinbaum proposes renegotiating Pemex’s debt and a renewable energy plan
The presidential candidate of the ruling party, Claudia Sheinbaum, He indicated this Monday that he has a plan to Mexican Petroleum (Pemex)the most indebted oil company in the world, which consists of renegotiating liabilities and a focus on renewable energy. “We have a plan for Pemex, which is one of the issues that I know […]
López Obrador calls the Judiciary a corrupt oligarchy for freeing the former head of Pemex
The president of Mexico, Andrés Manuel López Obradoraccused the Judiciary this Wednesday of being a “corrupt oligarchy” after a judge granted procedural freedom to the former director of Petróleos Mexicanos (Pemex) Emilio Lozoya, main defendant in the Brazilian Odebrecht bribery network. “The Judiciary is now dominated by the corrupt oligarchy, it is at the service […]
They grant procedural freedom to the former director of Pemex involved in the Odebrecht case
A Mexican judge granted procedural freedom this Tuesday to Emilio Lozoya, former director of Petróleos Mexicanos (Pemex) and the main person implicated in the country in the bribery scandal of the Brazilian Odebrechtso he will remain under house arrest, according to the Attorney General’s Office (FGR). “Today, the amparo judge Juan Pedro Contreras Navarro, leaves […]
Bank of America sees Pemex as the main fiscal risk for Mexico
The state Mexican oil (Pemex) is the main fiscal risk that the Mexican Government will face in the coming years, warned this Tuesday Carlos Capistrán, chief economist for Mexico and Canada at Bank of America (BofA). “Indeed, Pemex It is a risk and probably the number one fiscal risk that the present Administration has and […]
Citizens and activists demand closure of Pemex refinery in northern Mexico
Thousands of inhabitants of Monterey, In the northern Mexican state of Nuevo León, they protested this Sunday to demand the closure of the refinery of Mexican Petroleum (Pemex)which they blame for the pollution that keeps the city one of the most polluted on the continent Amid slogans, armed with banners and some wearing gas masks, […]
Mexican Pemex explores business opportunities in Venezuela
Directors of the state company Petróleos Mexicanos (Pemex) held a meeting this Friday in Caracas with their peers from Petróleos de Venezuela (PDVSA) to explore business opportunities, two weeks after a first meeting between the authorities of both companies, held in Ciudad de Mexico. The state channel VTV showed images of today’s meeting, in which […]
Pemex and New Fortress abandon deepwater gas project
The Mexican oil company Pemex and the American New Fortress Energy (NFE) terminated an agreement they had signed almost a year ago to produce natural gas in the Lakach field, in deep waters of the Gulf of Mexicoaccording to two sources with knowledge of the matter. It was planned that hydrocarbon production would begin in […]
Mexico: Pemex is required to reveal progress in refinery construction
The state-owned Petróleos Mexicanos (Pemex) The Construction and Installation Project of the Olmeca Refinery must be made public, as well as the progress report, schedules and calendars, ordered the National Institute of Transparency, Access to Information and Protection of Personal Data (Inai). According to the resolution of the Inai plenary session, knowing the performance of […]