The company aims to tap into shale basins, potentially unlocking around 64bbbl of crude oil-equivalent production.

Mexico's government on Tuesday said it aimed to cease funding Pemex by 2027 when the highly-indebted state energy company ...

Sheinbaum told reporters that the government has carried out a "meticulous revision" of Pemex and created a "vision" for the ...

The Mexican government on Tuesday unveiled a plan to rescue ailing state oil producer Pemex, one of the country's largest com ...

Mexico is planning to increase the use of hydraulic fracturing to tap unconventional hydrocarbon deposits and boost oil and ...

The Mexican government has unveiled a new 10-year strategic plan to salvage state-controlled oil company Pemex by ...

Mexican President Claudia Sheinbaum announced Thursday that former Pemex chief executive Carlos Treviño has been detained in ...

Mexico's government announced on Tuesday a plan to move its heavily indebted oil company Pemex towards financial independence, ...

Mexico's government on Tuesday announced a plan aimed at moving its highly indebted state oil company Pemex toward financial ...

The use of an SPV will allow the Mexican government to avoid directly stepping in to support Pemex’s debts. The bonds will be classed as Mexican public debt but “will not be consolidated with the ...

Mexico unveils a 10-year plan to boost oil and gas production through fracking, reversing previous policies and aiming to ...

The president aims to reduce the national oil company's financial debt from US$98.8bn to US$77.3bn and free up resources for investments in exploration, ...