Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state ...

Halliburton has warned that payment delays from Mexico’s state-owned oil company Pemex are threatening the country’s oilfield ...

U.S. oilfield service provider Halliburton on Tuesday said Mexico's oil production decline rates are creating pressure for a ...

MEXICO CITY--Mexico plans a debt transaction in favor of Petróleos Mexicanos to shore up the finances of the state oil company and help it meet short-term obligations, the Finance Ministry said ...

The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be classed as Mexican public debt but “will not be consolidated with the ...

Pemex said it planned to carry out partial exchanges of 12 debt issues maturing between 2024 and 2030, opens new tab, as well as potentially make repurchase offers for six sets of bonds maturing ...

Halliburton, a U.S. oilfield services provider, said Tuesday that Mexico's declining oil production rates create pressure for a ...

The total financial debt of Mexico's state-owned oil company Pemex totaled $106.8 billion at the end of last year, according to preliminary data released by the country's president on Wednesday.

Pemex’s fragile finances are a dilemma for Mexico. If the government slashes Pemex’s tax burden, it could be faced with a hole of up to 2 per cent of gross domestic product in state finances ...

We need to see what happens with the oil price and the company’s production, but the problems are still there.” Pemex’s financial woes have continued to mount despite the government’s move to open up ...

MEXICO CITY, Oct 3 (Reuters) - Mexican state oil company Pemex has issued $4 billion in bonds and repurchased debt worth $1.5 billion as part of a plan to strengthen its finances, Chief Financial ...

Mexico's state-owned oil company is drowning in a sea of cheap oil. Pemex, as the oil giant is known, is suffering from a steep decline in production that has been exacerbated by the crash in crude.