Pemex Slashes Crude Oil Exports in Favor of Gas Production
The move comes as the price of crude oil is projected to increase to $88 per barrel in 2024
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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
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
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