Mexico's 2027 budget projects a deficit reduction to 3.9% of GDP while cutting support for state oil firm Pemex, which expects a surplus. The plan emphasizes energy and infrastructure public works to
bloomberg · 2026-09-08 19:38
Mexico has banned hydraulic fracturing in the Tampico-Misantla basin citing environmental and social concerns, despite acknowledging the need to reduce heavy reliance on US natural gas imports.
bloomberg · 2026-08-06 09:27
Brazilian and Mexican presidents signed an agreement between state oil giants Petrobras and Pemex to cooperate on energy, petrochemicals, and fertilizers. This partnership aims to boost production and
bloomberg · 2026-06-24 09:13
Pemex CEO Victor Rodriguez faces job insecurity amid production shortfalls, safety accidents, and $79 billion debt, while President Sheinbaum intensifies political control over the state oil giant. In
reuters · 2026-05-13 03:06
Mexican President Sheinbaum anticipates a partnership between state oil firms Pemex and Petrobras covering production, exploration, and biofuels. A technical team will meet in May to draft a memorandu
reuters · 2026-04-30 08:24
Mexico's President Sheinbaum mandated federal projects use locally produced steel after failing to secure relief from U.S. tariffs. The initiative aims to reduce economic dependence on the U.S. amid o
reuters · 2026-04-29 07:29
Mexican President Claudia Sheinbaum plans to unveil a domestic fracking strategy within two months to cut reliance on US natural gas imports, emphasizing state-led production via Pemex while mitigatin
bloomberg · 2026-04-15 12:02