The move underscores Pemex's need to develop higher-cost oil projects as its traditional fields run dry, such as the giant Cantarell field where output is in steep decline. State oil monopoly ...

S&P in March slashed the credit rating for Pemex, the world’s most indebted oil company, to B- from BB-. It also cut Pemex’s outlook to negative from stable while keeping its global investment ...

MEXICO CITY, March 26 (Reuters) - Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still ...

Mexican oil giant Pemex is in discussions with businessman Carlos Slim to finance development projects at two key oil and natural gas fields in Mexico, reported Reuters, citing sources familiar ...

S&P downgraded Mexico’s credit rating on Thursday as the coronavirus pandemic and a hit to state oil firm Pemex from plunging crude prices battered the growth outlook and piled pressure on the ...