Currently viewing the tag: "debt"

Further clarity was given to the government’s plans for the construction of the Dos Bocas refinery last week, as Secretary of Energy Roció Nahle explained the thinking behind the government’s decision to have PEMEX take project lead.

The administration gave further tax breaks to PEMEX to aid its precarious financial situation, and more good news […]

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Although the rumors have been around for a few days now, just a few minutes ago, it was made official: Emilio Lozoya Austin renounced his position as Director General of PEMEX. José Antonio González Anaya, now the former Director General of the Mexican Institute of Social Security (IMSS) will be replacing Lozoya as head of […]

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As taboo as this idea may be, analysts and professionals from the oil and gas industry would be lying if they said it had never popped into their head that maybe the solution to PEMEX’s problems would be to privatize the company and float some of its shares. The NOC is crumbling in debt, with […]

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