President-elect Claudia Sheinbaum announced Monday that energy economist and engineering academic Víctor Rodríguez Padilla will be the next CEO of Pemex, Mexico’s heavily-indebted state oil ...

MEXICO CITY, Aug 26 (Reuters) - Mexican state oil firm Pemex's (PEMX.UL) newest refinery processed some 65,046 barrels per day of crude oil in July, its first month of operations after multiple ...

Mexican state-owned company Pemex plans to increase investments into developing the deep-water Lakach natural gas field. Discovered in 2007, Lakach lies 98 kilometres southeast of the city of ...

MEXICO CITY, Aug 26 (Reuters) - Mexico's incoming president tapped academic Victor Rodriguez to be the next top executive of debt-ridden oil giant Pemex on Monday, among the last senior ...

But a huge wager on fossil fuels by her political mentor stands in her way. The Olmeca oil refinery belonging to Pemex, the state-controlled oil company, in Paraiso, Mexico.Credit...Yuri Cortez ...

“Victor knows Pemex.” Rodriguez will face the gargantuan task of turning around production that has slumped to about half its peak 20 years ago. The company’s debt burden stands at about $99 ...

Production at Petróleos Mexicanos, known as Pemex, has been falling for two decades and recently hit a record low of about 1.47mn barrels of crude oil per day. It recorded a loss of about $13bn ...

Sheinbaum tapped Rodriguez, a professor at the National Autonomous University of Mexico, for the job to boost Pemex’s profitability and rescue the company from ballooning debt and recurring ...

Mexican President-elect Claudia Sheinbaum has named energy economist Victor Rodriguez Padilla as the next chief executive at state-owned oil company Pemex. Announcing the appointment during a ...