Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Pemex expects to be on solid financial ground in 2019

Petroleos Mexicanos chief executive Jose Antonio Gonzalez Anaya presented the company's five-year strategic plan Thursday and says its finances are stable but could be improved. He says the company's 2015 debts have been paid.

The company known as Pemex is a major revenue generator for Mexico's government. It's been pummeled by falling oil prices and gasoline thefts while adjusting to historic reforms that allow private companies to invest in Mexico's oil and gas exploration to aid flagging production.

In April, the government announced $4 billion in aid for the company. In February, the company . . .

Read Full Story

Related Posts

Puerto Vallarta Autism Center Set for 2026 Start

Puerto Vallarta Autism Center Set for 2026 Start

Puerto Vallarta says construction on a new autism center could begin in 2026, part of...
daily trash collection

Puerto Vallarta Must Settle 240 Million Trash Debt

Puerto Vallarta is negotiating how to pay more than 240 million pesos after ending its...
Puerto Vallarta new buses

Puerto Vallarta bus fares rise starting this April 1

Puerto Vallarta bus fares rise to 11 pesos on April 1, while students keep a...
puerto vallarta morning news

Puerto Vallarta Morning Coffee News to Start April 1

Bus fares rise, beach warnings stay up, trash pickup shifts, and cruise traffic returns as...