Items Tagged with 'mexico'

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Pemex Locks In 2018 Funding Ahead of Election Year Uncertainty

Mexico’s state-owned oil and natural gas company Petroleos Mexicanos earlier this month all but sealed its financial plans for next year with a bond issue of 450 pounds sterling (US$650 million) just before the Mexican Lower House completed a marathon sitting that submitted the complete 2018 federal budget for final approval by President Enrique Pena Nieto. Read More

Mexico Uncertainty, GOM Challenges Concern Hornbeck Offshore

Gulf of Mexico vessel supplier Hornbeck Offshore Services Inc. reported increased revenues in the third quarter, but the CEO warned that the market for supply vessels, tankers and barges remains "very challenging," with operators unlikely to enter into long-term contracts without confidence on commodity prices and rising uncertainty over energy development in Mexico. Read More