Items Tagged with 'pemex'

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López Obrador Says Pemex to Be ‘Reborn’ Following $5.2-5.5B Financial Package

During his regular early-morning press conference a week ago, Mexican President Andrés Manuel López Obrador finally announced a long-awaited financial package intended to reverse fortunes at the national oil company Petróleos Mexicanos (Pemex), which is suffering from 15 years of production decline and is $104 billion in debt.

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Mexico Natural Gas Trade Volumes, Prices Surge in December

Natural gas marketers in Mexico transacted an average volume of 6.69 Bcf/d during the second half of 2018, up 35% from the 4.96 Bcf/d averaged in the year-earlier period, with December deals surging, according to the latest IPGN monthly natural gas price index published by the Comisión Reguladora de Energía.

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