Pemex Asks Goldman Sachs, JPMorgan for $1 Billion Loans
Bloomberg previously reported that Pemex has been in talks with Goldman Sachs and HSBC for financing related to reducing greenhouse gas emissions
Read moreTag Archives: Petróleos Mexicanos
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 moreDocuments Expose Extent of Pemex’s Ties with Baker Hughes
The newly acquired information reveals that a Baker Hughes subsidiary signed a contract with Pemex Procurement International (PPI) at its Houston headquarters on Aug. 16, 2019, the very same day López Beltrán and his wife moved into Schilling’s Houston mansion
Read morePRI Candidate for Coahuila Is Frontrunner in Unofficial Polls
Ricardo Monreal, leader of the Morena majority bloc in the Senate, criticized Mejía Berdeja’s resignation from his post and his subsequent defection to the PT as its official gubernatorial candidate in Coahuila
Read moreAMLO’s Energy Policies Stunt Mexican Wind Farm Growth
2022 will go down in history as a year of little wind growth, and Nuevo León will not be the exception
Read morePemex Liable to Pay $16.7 Billion in Debt before End of 2024
By KELIN DILLON According to the new 2023-2027 Business Plan Report presented by Mexico’s state-owned oil company Petróleos Mexicanos (Pemex), Pemex must pay back more than $16.7 billion in debt amortizations before the end of Mexican President Andrés Manuel López Obrador’s (AMLO) six-year term, which is set to end in 2024. The report revealed that Pemex was able to put
Read morePolycrisis, the New Normal
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read moreMexican Dependency on Imported Gasoline up 28 Percent
PULSE NEWS MEXICO Mexico’s dependency on imported gasoline — mainly from the United States — has increased by 28 percent annually based on the figures from January to October of this year, data from the country’s Energy Secretariat revealed on Friday, Dec 2. During the first 10 months of 2022, imports of gasoline by the state-run Petróleos Mexicanos (Pemex) increased
Read morePemex’s Oil-Refining Operations Lose Millions of Pesos per Hour
By KELIN DILLON As Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) continues to bet big on its crude oil refining future through its controversial under-construction Dos Bocas refinery and its official acquisition of the Texan Deer Park refinery at the beginning of 2022, Pemex has seemed to have dealt itself a losing hand. According to new data, Pemex’s refining operations
Read moreMexican Government Goes after Solar Panel Energy Production
PULSE NEWS MEXICO As an extension of Mexican President Andrés Manuel López Obrador’s (AMLO) controversial efforts to prioritize state-run, fossil-based fuel sources over clean alternatives, the government’s Energy Regulatory Commission (CRE) announced Thursday, Nov. 10, that is would immediately begin implementing restrictions on solar panel energy production. The CRE, whose commissioners are assigned by the federal government, said in a
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