Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...

U.S. oilfield service provider Halliburton on Tuesday said Mexico's oil production decline rates are creating pressure for a ...

Halliburton has warned that payment delays from Mexico’s state-owned oil company Pemex are threatening the country’s oilfield ...

The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be ...

MEXICO CITY, Oct 3 (Reuters) - Mexican state oil company Pemex has issued $4 billion in bonds and repurchased debt worth $1.5 billion as part of a plan to strengthen its finances, Chief Financial ...

MEXICO CITY--Mexico plans a debt transaction in favor of Petróleos Mexicanos to shore up the finances of the state oil company and help it meet short-term obligations, the Finance Ministry said ...

Mexico's state-owned oil company is drowning in a sea of cheap oil. Pemex, as the oil giant is known, is suffering from a steep decline in production that has been exacerbated by the crash in crude.

We need to see what happens with the oil price and the company’s production, but the problems are still there.” Pemex’s financial woes have continued to mount despite the government’s move to open up ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mexico’s injection of billions of pesos into state oil company Pemex to help it meet debt payments should ...

TIERRA BLANCA, Mexico, Feb 28 (Reuters) - State oil company Pemex promised late last year that it would stop burning natural gas from a major field in southeast Mexico by mid-January, amid ...