Crude Oil Prices

Three Fires At Pemex Facilities In One Day

Mexico's state-owned oil company Pemex saw three fires in one day at three separate facilities that it operates in Mexico and the United States. Pemex reported on Thursday a fire at the storage facility Tuzandepetl in the state of Veracruz. The fire ...

Pemex Reports Fire at Dos Bocas Refinery, Says Plant Operating Normally -- OPIS

The Mexican state-owned oil company said in news release that the fire was triggered by a loss of containment on a discharge line. Pemex said it activated its emergency response plan, brought the facility to a safe condition and eliminated any inherent risks to the surrounding area.
Yahoo Finance

Pemex in talks with Carlos Slim on funding for oil and gas developments

Mexican oil giant Pemex is in discussions with businessman Carlos Slim to finance development projects at two key oil and natural gas fields in Mexico, reported Reuters, citing sources familiar with the matter. Pemex is negotiating a joint operating ...
Crude Oil Prices

Pemex's Olmeca Refinery to Begin Crude Oil Processing by Mid-Year

Mexico's state-owned energy giant Pemex has announced that its new Olmeca refinery, located in the port of Dos Bocas, Tabasco, will commence crude oil processing in the second half of this year. Pemex CEO Octavio Romero disclosed that the refinery, also ...
The Financial Times

Pemex pays up to secure $7.5bn bond issue

We’ll send you a myFT Daily Digest email rounding up the latest Petroleos Mexicanos news every morning. Pemex, Mexico’s debt-laden state oil company, paid over the odds to swap bonds with large looming repayments for $7.5bn in new longer-dated paper in ...
Yahoo News Canada

Mexico's Sheinbaum says former Pemex CEO arrested in US, to be deported

U.S. President Donald Trump threatens to impose a 30% tariff on imports from Mexico and the European Union MEXICO CITY (Reuters) -Mexico President Claudia Sheinbaum said on Thursday that Carlos Trevino, former CEO of state oil company Pemex, had been ...
Yahoo Finance

Pemex's failure to pay debts threatens suppliers' survival, industry warns

Dec 15 (Reuters) - Mexican state energy company Pemex's mounting debt with oil service providers as well as private crude and gas producers threatens production, investment and in some cases even the survival of suppliers, industry groups warned.
The Financial Times

Pemex trims losses but production struggles remain

We’ll send you a myFT Daily Digest email rounding up the latest Petroleos Mexicanos news every morning. Mexico’s state oil company Pemex has trimmed its annual loss as crude prices rebounded, but plunging production underscored the challenges President ...