MEXICO CITY, Dec 16 (Reuters) - Mexican state oil company Pemex has awarded five of the 11 new joint venture contracts it had planned to ink before the end of the year, according to four sources ...

More than a month has passed since Pemex CEO Victor Rodriguez invited national and foreign enterprises to join Mexico’s state-owned oil company in restarting production. At an energy event in Mexico ...

It never gets completely dark in Colonia El Carmen, home to Mexico’s largest natural gas processing center, in the poor southern state of Chiapas. After sunset, a red glare emanates from flares dotted ...

More than two months before a hydrogen sulfide leak killed two workers and injured dozens more at the Pemex refinery in Deer Park, local officials confronted the company with concerns that it was ...

If you liked this story, share it with other people. When the machines and men came to bury toxic sludge on a property near her house in the Mexican state of Tabasco, Lorenza Castro Castro at first ...

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 ...

Mexico’s state-owned oil company Pemex said it made about $150 million from its crude oil hedges as prices softened last month. Since 2017, Pemex has conducted its own oil output hedges in addition to ...

Mexico created $12B in off–balance sheet P-Caps plus a $13B investment vehicle to help Pemex manage its massive debt load. Pemex' debt now includes $105B in financial debt and $20B in unpaid supplier ...

Earlier this year, the Mexican government announced a special new financial instrument to help state-owned energy major Pemex with its debt repayment. The most indebted oil company in the world was in ...