The company aims to tap into shale basins, potentially unlocking around 64bbbl of crude oil-equivalent production.

Mexico is planning to increase the use of hydraulic fracturing to tap unconventional hydrocarbon deposits and boost oil and ...

The head of an association representing global oilfield service firms in Mexico said on Thursday that a new business plan for ...

Mexico's government on Tuesday announced a plan aimed at moving its highly indebted state oil company Pemex toward financial ...

Rafael Espino, head of the AMESPAC association, criticizes Pemex's new business plan for failing to address its massive ...

Sheinbaum told reporters that the government has carried out a "meticulous revision" of Pemex and created a "vision" for the ...

Fitch Ratings upgraded Mexican state energy producer Petroleos Mexicanos' (Pemex) credit rating to 'BB' from 'B+' on Tuesday, ...

The Mexican government has unveiled a new 10-year strategic plan to salvage state-controlled oil company Pemex by ...

While Pemex’s exploration and production arm is profitable, the company is facing losses elsewhere, particularly from its refining operations. In July Fitch, a credit-rating firm, downgraded Pemex.

Fitch Ratings elevó la calificación crediticia de Petróleos Mexicanos después de que el Gobierno federal colocara US$12.000 ...

The money problem afflicting Pemex has largely been caused by successive Mexican governments treating the NOC as a cash cow, and the truth is that the company has been milked to death. This year ...