Mexican state-owned giant Pemex has chartered two jack-up rigs built and currently owned by Chinese yard CIMC Raffles. They are...
Mexico’s economy has a high dependence on hydrocarbons. 89% of the country’s energy production is made from fossil fuels. It’s a large producer of oil, natural...
The departure of the former finance minister, Carlos UrzĂșa, will not only leave a gap in the federal government but also in the Pemex Board of...
Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery amid a call by President Andres Manuel Lopez Obrador for the...
Mexico is seeking as much as 138.7 billion pesos ($7.3 billion) worth of tax breaks for Petroleos Mexicanos in 2020 and 2021, according to online reports....
Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes on foreign investment to give...
Mexico President Andres Manuel Lopez Obrador has promised a new oil refinery and also upgrade current refineries that lacked updated parts so they could run at...
Pemex triples estimate of Veracruz oil fieldâs reserves. Pemex's preliminary development plan includes drilling more than 40 development wells at a cost of more than $1.5...