The head of an association representing global oilfield service firms in Mexico said on Thursday that a new business plan for ...

Mexico is planning to increase the use of hydraulic fracturing to tap unconventional hydrocarbon deposits and boost oil and ...

The company aims to tap into shale basins, potentially unlocking around 64bbbl of crude oil-equivalent production.

Sheinbaum told reporters that the government has carried out a "meticulous revision" of Pemex and created a "vision" for the ...

By Alek Buttermann Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) has unveiled a substantial financial strategy ...

Mexico's government on Tuesday announced a plan aimed at moving its highly indebted state oil company Pemex toward financial ...

Rafael Espino, head of the AMESPAC association, criticizes Pemex's new business plan for failing to address its massive ...

Mexico unveils a 10-year plan to boost oil and gas production through fracking, reversing previous policies and aiming to ...

The Mexican government has unveiled a new 10-year strategic plan to salvage state-controlled oil company Pemex by ...

Mexico’s state-owned oil company Pemex reported its first quarterly profit in a year, booking a net profit of 59.52 billion ...

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.

Pemex is saddled with supplier debts of around $23 billion and financial debt of nearly $100 billion, despite receiving billions in government support in recent years to meet its obligations.