News Mexico Debt: Mexico reveals sweeping plan to bring down Pemex debt, boost investment and lift production
MEXICO CITY (Reuters) -Mexico's government on Tuesday said it aimed to cease funding Pemex by 2027 when the highly-indebted state energy company should become financially self-sufficient, helped by a series of measures to bring down debt and stabilize production. Mexican President Claudia Sheinbaum, flanked by her energy and finance ministers and the chief executive of Pemex, told a press conference that by 2027, Pemex "will no longer need the finance ministry's support." Pemex reported last week a financial debt of around $99 billion and a debt to providers of around $23 billion, which is down from earlier years but still has investors worried.
News Mexico Debt: Pemex’s Debt Woes Hamper Mexico’s Oil Production Goals
The tower of the the Centenario deep-water drilling platform rises off the coast of Veracruz, Mexico in the Gulf of Mexico, Nov. 22, 2013 (AP photo by Dario Lopez-Mills). Mexico’s state oil company, ...
News Mexico Debt: Pemex debt hits lowest level in over a decade at $84.5 billion
Pemex debt falls to $84.5B, lowest in 11 years. Mexico's state oil company cut debt 13.4% in 2025 through restructuring and production gains.
News Mexico Debt: Wendler: Student debt is national, state, institutional and personal problem
West Texas A&M University President, in this commentary piece, discusses the possible ramifications of the growing student debt issue ...
News Mexico Debt: Mexico to stop exporting oil in 2023 in self-sufficiency quest
Mexico plans to halt crude oil exports in 2023 as part of President Andres Manuel Lopez Obrador’s nationalist goal of self-sufficiency in fuel ...
News Mexico Debt: Mexico unveils offer for notes due 2034 and 2052, pitches tender offer
Mexico's government said on Tuesday it had launched a global offering of global notes denominated in dollars due to mature in 2034 and in 2052, alongside a tender offer to purchase existing debt of ...
