Pemex Loses of $32 Per Barrel of Crude Oil, Says Financial Audit
The losses from 2019 to 2023 mark a 168 percent increase in Pemex’s net losses between 2013 and 2018
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While Global Oil Sales Soar, Pemex Has Lowest Output Ever
Pemex officials at the start of 2022 promised that the company would produce a minimum of 2.6 million barrels daily throughout the year
Read morePemex Drops Four Places on the Oil & Gas 50
By KELIN DILLON In the recently released 2022 edition of Brand Finance’s Oil & Gas 50, Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) fell from 16th to 20th place in the rankings of the world’s 50 largest oil companies. The drop stems from Pemex’s 6 percent reduction in valuation from 2021 to 2022; while the Pemex brand was valued at
Read moreAMLO’s Energy Reforms Threaten $4.8 Billion in Investment
By THE PULSE NEWS MEXICO STAFF Over the course of the last six years, U.S. and Canadian companies have invested more than $4.805 billion in Mexico’s energy sector, capital that is now being threatened by the changes to the electricity and hydrocarbon sectors laws promoted by President Andrés Manuel López Obrador (AMLO). Among the major companies that have invested in
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