Oil price hike relieves several oil-rich Latin American states
oil was anathema and Latin American and Caribbean countries that depend on its sales to grow, which are not few,...
October 11, 2021Topic
Pemex
Mexico’s Pemex reports fourth-quarter profit of over US$6 billion
Mexico’s state oil company Petroleos Mexicanos (Pemex) reported on Friday, February 26th, a fourth-quarter 2020 net profit of 124.28 billion...
February 26, 2021
Analysis: After Brazil ructions, a rethink for investors in emerging market state firms
Brazil’s shake up of state-run oil firm Petrobras has caused shockwaves at home but may also prompt some bond investors...
February 26, 2021
Mexico’s support for Pemex to drive widening fiscal deficit, Moody’s says
Mexico’s fiscal deficit will widen to 4.1% of gross domestic product this year, with ongoing support for ailing state oil...
February 24, 2021
Traders, including Trafigura, supply Mexico with emergency LNG – sources
Oil trading firms, including Trafigura, are supplying Mexico with emergency cargoes of liquefied natural gas (LNG) to overcome a power...
February 24, 2021 Mexico’s government readying roughly US$5 billion Pemex lifeline, source says
Mexico’s government will inject between US$1.3 billion and US$1.6 billion into state oil company Petroleos Mexicanos (Pemex) this year and...
February 18, 2021
Mexico’s President Digs in Heels Over Energy Policy as Biden Takes Office
Mexico’s president on Thursda, January 21st, forcefully defended his drive to strengthen the state’s role in the energy sector, seeking...
January 21, 2021
Mexico Takes Controversial Step to Limit Private Fuel Imports
Mexico’s government has issued new regulations to limit the ability of private firms to import fuel, according to a weekend...
December 27, 2020
Mexico to Investigate Vitol Bribe Allegations, President Obrador Says
Mexican President Andres Manuel Lopez Obrador said on Thursday his government will investigate allegations bribes were paid by the U.S....
December 10, 2020