López Obrador highlights Campeche’s economic potential

President Andrés Manuel López Obrador highlighted the economic potential of the state of Campeche, for reactivation through oil production and its agricultural and livestock contribution. The president, who 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...

Mexico’s giant oil find may not be cure-all for ailing Pemex

Even as Mexico’s president and Petroleos Mexicanos’s CEO touted the country’s most important find in three decades, it appears to be far from a panacea for the beleaguered state driller. Pemex called the Quesqui More...