Mexico's finance minister sits on Pemex's board of directors. China will commit credit lines of just under $10 billion to ...

This move comes as the company faces challenges in meeting the Mexican Government's production target of 1.8mbbl/d.

James Laen Jensen, 68, an American oil magnate, and his family have been accused of working with Mexican cartels to smuggle over $300 million worth of crude oil into the United States.

MEXICO CITY (Reuters) -Pemex, Mexico's heavily indebted state energy company, reported an 11.3% drop in first-quarter production of crude and condensate on Wednesday as falling sales and foreign ...

Pemex didn't immediately respond to an inquiry for comment. Mexico has over 31,000 onshore and off shore wells, but about a third are closed. Data shared showed. Over 4,800 wells have been deemed ...

MEXICO CITY (Reuters) -Mexican state energy company Pemex plans to reopen old wells in a bid to squeeze more barrels out of them to boost declining production, according to two documents and four ...

Mexico's state energy firm Pemex said that it had addressed two leaks in a pipeline that transports oil from its Akal-C platform to the Dos Bocas Maritime Terminal in the southern state of Tabasco. In ...

Mexico's state-owned oil company, Petróleos Mexicanos (Pemex), has completed repairs on a pipeline in the Gulf of Mexico that ...

The wildly popular president of Mexico is advancing industrial policies that resemble Joe Biden’s, but they’re premised on a ...

MEXICO CITY (Reuters) -Pemex, Mexico's heavily indebted state energy company, reported an 11.3% drop in first-quarter production of crude and condensate on Wednesday as falling sales and ...

Pemex boats tow floating booms to contain and clean up oil floating on the surface in the Gulf of Mexico. (Luis López/Cuartoscuro) State oil company Pemex has reportedly repaired two pipeline ...