Fitch lowers credit rating of Pemex to B+
Fitch Ratings announced a revision of its credit rating on Petróleos Mexicanos (Pemex), lowering it to "B+" from "BB-".
July 15, 2023Topic
Pemex
OPEC: Oil production in Mexico will fall during 2023
Oil and liquid hydrocarbon production in Mexico will fall by 2% or 40,000 barrels per day during 2023, due to...
October 13, 2022
Pirates threaten Mexico’s Pemex, the gold mine of Obrador’s government
The night falls, and the pirates are ready to attack. Without the need to use their weapons, they will commit...
August 10, 2022
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, 2021 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