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By Fabiola Sanchez, Mexico City (AP) — Mexico's state-owned oil company announced Wednesday that it achieved a 13.4% reduction in its heavy debt last year, closing at approximately $84.5 billion, its lowest level in the last 11 years. This was reported by Pemex CEO Victor Rodriguez, as he presented the scope of the 2025-2035 strategic plan and the capitalization and financing strategy for the state oil company, which is considered one of the mos…
President Claudia Sheinbaum’s ‘morning’ conference announced an investment of more than 400 billion pesos for Mexican Oils (Pemex). The oil investment project is part of the presentation of the Infrastructure Plan 2026-2030 for 5.6 billion pesos. Pemex announces investments to increase oil productionVíctor Rodríguez announced that as part of the strategic projects 2026 there will be investments for 425 billion pesos that include projects in fiel…
Mexican Oils (Pemex) has closed 2025 with a financial debt of 84.5 billion dollars, according to the director of the state oil company, Víctor Rodríguez Padilla, at the morning conference this Wednesday. The director has celebrated the reduction of the debt by 20 billion dollars, 20%, in the last seven years. In 2024, the oil company ended 2024 with a debt of 97.6 billion dollars. “Pemex is strengthening its credibility and sustainability in the…
Victor Rodríguez Padilla, head of Petróleos Mexicanos (Pemex), announced that the company’s debt was reduced by 20 percent in 2025. “This trend has been reversed... as a result of this joint effort is a decrease of 20 billion dollars.”Víctor Rodríguez Padilla. PemexThis is how he announced that from 2018 to 2025 Pemex’s debt has been reduced by 20 billion dollars.The figures have come down since 2020 after the neoliberal period grew 129.5 percen…
President of Mexico, Claudia Sheinbaum pointed out that 2025 marks the fifth consecutive year in which the state recorded a reduction in its financial debt
Director of Pemex said that the company's debt in 2025 down 20% compared to 2018, and that the payment to suppliers was 390 mmdp the a or past.
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