Puerto Vallarta News

Puerto Vallarta 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

Mexico Revamps Vaquita Protection Effort in Upper Gulf – Again

Mexico’s government and local fishers have agreed to revise Upper Gulf fishing rules. The aim...
Downtown Sinkhole Finally Patched After Feeding on a Car

Almost News: Downtown Sinkhole Finally Patched After Feeding on a Car

This story is part of the PVDN Almost News: news with a dollop of humor. These...
Santiago Gallón Henao

Narco Linked to Andrés Escobar’s Murder Killed in Mexico

Colombia’s President Gustavo Petro says Colombian narco Santiago Gallón, tied to the 1994 murder of...
Olga Cabrera and Tierra del Sol shine in the Mexico Gastronomic Guide

Tierra del Sol Named Mexico’s Restaurant of the Year 2026

Chef Olga Cabrera’s Oaxacan restaurant Tierra del Sol, known for blending tradition with innovation, wins...