The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will ...

The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will ...

By Stefanie Eschenbacher, Adriana Barrera and Ana Isabel Martinez MEXICO CITY (Reuters) -Mexican state energy company Pemex ...

Mexican state energy company Pemex plans to reopen old wells in a bid to squeeze more barrels out of them to boost declining ...

Pemex, Mexico's heavily indebted state energy company, reported an 11.3% drop in first-quarter production of crude and ...

According to four sources and two documents, the Mexican energy company Pemex is planning to reopen some old wells to increase production.

Pemex plans to reopen mature oil wells to counter a steady decline in production, aiming for 1.8 million barrels per day ...

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