The president aims to reduce the national oil company's financial debt from US$98.8bn to US$77.3bn and free up resources for investments in exploration, ...

The Mexican government on Tuesday unveiled a plan to rescue ailing state oil producer Pemex, one of the country's largest com ...

Mexico's government on Tuesday said it aimed to cease funding Pemex by 2027 when the highly-indebted state energy company ...

Mexico's government announced on Tuesday a plan to move its heavily indebted oil company Pemex towards financial independence, ...

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

Mexican federal officials have busted a massive crude oil smuggling operation hidden in a residential neighborhood in Reynosa ...

Fitch Ratings upgraded Petroleos Mexicanos after the government sold $12bn in global debt markets to help shore up the ...

Fitch Ratings upgraded Petroleos Mexicanos (Pemex), the Mexican state energy company, to a 'BB' credit rating from a 'B+,' on Tuesday.

Fitch Ratings elevó la calificación crediticia de Petróleos Mexicanos después de que el Gobierno federal colocara US$12.000 ...

The upgrade follows Mexico’s successful completion of a $12 billion P-Cap transaction, which strengthened Fitch’s assessment of government support for the state oil company. The rating agency also ...

Mexican officials say they confiscated and shut down a massive fuel theft ring in the border town of Reynosa, which comes as ...

The bond market has, rightly, applauded Mexico’s complex 'pre-capitalisation' trade for Pemex, its tottering state oil ...