Eni announces new oil discovery in Mexico

Eni announced the discovery of hydrocarbons at the Sayulita-1EXP prospect in shallow waters of the Gulf of Mexico. Eni is an integrated energy company whose dedication to the energy transition translates into More...

Moody’s downgrades Pemex bonds to junk

(Bloomberg) — Moody’s Investors Service Inc. has downgraded Petroleos Mexicanos’s bonds to junk as sinking oil prices and a fast-spreading pandemic pummeled the beleaguered Mexican driller. Moody’s More...