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Pemex, Mexico
Mexico Plans to Set Aside $6 Billion for Pemex in Draft Budget, Bloomberg Reports
(Reuters) - Mexico plans to set aside about $6 billion from its 2025 draft budget for heavily indebted national oil company Pemex and would help its debt obligations next year, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Mexico Budget Plans to Include $6 Billion Support for Pemex Debt
Mexico plans to set aside about $6 billion for state oil company Petroleos Mexicanos in its 2025 draft budget, people familiar with the matter said, as the government signals continued support for the indebted oil producer.
Mexico Won’t Tap Market to Fix Pemex Debt, Simplifies Tax Regime
Mexico is looking to address Petroleos Mexicanos’ nearly $100 billion debt load without having the company turn to capital markets in the short term, authorities said Wednesday. Most Read from BloombergUnder Trump,
Mexican President Unveils Plan to Simplify Pemex Finances, Reduce Its Debt -- OPIS
Under the structure,
Pemex
will pay what the government called a "Petroleum ... maintaining crude oil production at 1.8 million b/d, strengthening
Mexico
's petrochemical industry and increasing
Mexico
's fuel storage capacity. In addition, she said her ...
Mexico Plans $6 Billion Support for Pemex From 2025 Budget
Mexico is considering allocating $6 billion in its 2025 budget to support the debt obligations of struggling state oil company Pemex.
Reuters
1d
Mexico to simplify taxes on Pemex in bid to fix state oil producer
diversify and boost energy resources
Pemex
debt could be refinanced in the future
MEXICO
CITY, Nov 13 (Reuters) - ...
Mexico News Daily
1d
Sheinbaum tiptoes on tariff talk: Wednesday’s mañanera recapped
On Wednesday, President Sheinbaum weighed in on possible US tariffs and wished a happy birthday to Mexico's best-known ...
devdiscourse
1d
Mexico Simplifies Pemex Fiscal Regime to Boost Oil Production
Mexico
has unveiled plans to overhaul the fiscal structure for its state oil company, Petroleos Mexicanos (
Pemex
), as part of a strategy to relieve heavy debt burdens that have strained state ...
worldenergynews.com
8h
Moody's lowers Mexico's outlook to negative due to institutional weakness
Moody's Ratings lowered Mexico's outlook from stable to negative on Thursday. The major credit rating agency cited ...
Upstream
1d
First steel cut for Woodside’s landmark floater
The first cutting of steel for the Trion FPU was marked with a ceremony on 13 November at HHI’s yard in Ulsan where it is ...
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