Tuesday, May 17, 2016 Mexican state oil giant Pemex says it failed to replenish its proven reserves in 2015 with enough new discoveries, after its reserve-replacement ratio hit just 18 percent in 2014.
Wednesday, May 11, 2016 Mexico's state-run oil company Pemex will increase crude exports to Japan in the coming months after selling several spot cargoes to customers including Cosmo Oil, JX Holdings and TonenGeneral, sources say.
Thursday, April 28, 2016 Mexican national oil company Pemex reports a 62 billion peso ($3.6 billion) loss in the first quarter, less than last year as a lower tax burden helped offset a slump in crude prices.
Thursday, March 31, 2016 Mexico is at risk of a credit-rating cut because of subdued economic growth and the possibility the government will need to give financial support to the state oil company, according to Moody's.
Friday, March 11, 2016 The Latin American state-run oil companies whose largesse filled government coffers during the crude boom are quickly becoming dangerous liabilities as soaring debt levels spook investors.