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Pemex

Gunmen kill 13 at Veracruz bar in one of worst Mexican slayings this year

Gunmen shot dead 13 people at a bar in the city of Minatitlan in the Mexican Gulf coast state of Veracruz, authorities said on Friday,...
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S&P lowers Mexico’s outlook from stable to negative

The Mexican government faces a one-in-three chance of having its credit rating downgraded over the coming year, as public finances struggle with mounting liabilities and...
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Mexico president approval rate rises to 67 percent

Approval for President Andres Manuel Lopez Obrador rose from 62.7 percent to 67.1 percent in his first three months in office, a surge enjoyed by...
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Banks target Mexico’s low-risk credits amid political uncertainty

International lenders active in Mexico are targeting less risky companies to maintain some exposure in a country adjusting to sweeping new policies from the newly-elected...
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Mexico inflation eases to lowest level in over two years

Mexico’s annual inflation eased by more than expected in the first half of February to its lowest level since a liberalization of gasoline prices raised...
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Mexico to bailout Pemex with $3.6 billion

Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit...
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Fitch downgrades Mexico’s Pemex rating; peso falls

Rating agency Fitch downgraded the credit rating of Mexican state oil company Pemex on Tuesday, sending the peso currency falling in early trading in Asian...
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85% of Guadalajara gas stations closed due to fuel shortages

Because Petróleos Mexicanos (Pemex) has not been able to comply with the supply of fuel agreed for Jalisco the previous week, the deficit in the...
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Fireball at illegal Mexico pipeline tap kills 66

Forensic experts attempted to separate and count charred heaps of corpses in central Mexico on Saturday after a massive fireball erupted at an illegal pipeline...
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Mexico to ship gas on trains, thieves siphon whole pipelines

Fuel thieves in Mexico have grown so bold they are drilling illegal taps under warehouses in big cities and siphoning off the entire contents of...
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National Air Transportation Board warns of possible fuel shortages at Vallarta airport

According to the National Air Transportation Board (Canaero) and the Association of Pilots of Aviators of Mexico, airports have been affected since Sunday, and private...
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Crackdown on fuel theft creates shortages in Mexico

In a bid to eliminate years of mounting theft, state oil firm Pemex has changed its distribution, triggering shortfalls in at least six states, including...
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