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Mexico Metropolis. Petróleos Mexicanos (Pemex) reported losses of 255,937 million pesos within the second quarter of the 12 months, primarily because of the strengthening of the greenback, whereas complete monetary debt stood at 99,391 million {dollars}, which meant a discount of 1.8 p.c in comparison with the quantity noticed on the finish of 2023, in … Read more

Mexico Metropolis. The projected earnings by Petróleos Mexicanos (Pemex) for not less than the subsequent 20 years barely covers 1 / 4 of the corporate’s present debt. Figures that, along with placing the corporate’s monetary sustainability into perspective, present that the power transition has not been addressed as a enterprise alternative for Mexico’s primary public … Read more