Pemex Task, Stabilize Production with Wells: Hacienda

Mexico City.- Mexican Oils (Pemex) has the task of stabilizing national production with the wells that are exploited, said the Ministry of Finance and Public Credit (SHCP). "We know the market debt, the bank debt, we know the production route, if we see the short-term trajectory of the oil platform, of course it has been reduced, that has implied an increase in the deficit in recent quarters, but we have a plan, let's say, to stabilize productio…

Petróleos Mexicanos (Pemex) reported that crude oil production amounted to 1 million 369 thousand barrels per day during April, which represented an annual fall of 8.8%, according to the oil company's operational report.In this way, the production of ‘black gold’ accumulated 29 consecutive months in decline, that is, 2 and a half years. By including the production of condensates, it rises to 1 million 627 thousand barrels per day, a figure that …

The Dos Bocas refinery increased gasoline production during April 2025, a significant increase equivalent to a quarter of its total capacity.Olmeca, the official name of the refinery owned by the Mexican oil company Petróleos Mexicanos (Pemex), produced 42,000 barrels of ultra low sulphur gasoline per day, an increase of 950% compared to the 4,000 barrels per day produced in March of this year, according to the most recent data published by the …

Pemex reports an annual fall of 8.8% in crude oil production in April, with 29 months in a row and exports in historical lows. Mexican Petroleum (Pemex) reported that during April 2025 its crude oil production reached an average of 1 million 369 thousand barrels per day, representing a decrease of 8.8% compared to the same month of the previous year. This figure marks 29 consecutive months of fall in production, a negative streak that extends fo…

Petróleos Mexicanos has serious debt problems, both financial and with suppliers. However, it must think about its future, despite its debt problems. And Víctor Rodríguez Padilla, the oil company's director, has a clear direction: electricity generation. Fossil fuels are declining, where oil has been king. And oil companies must shift their focus toward new alternatives, and clearly one of them, at least in Pemex's analysis, is generating electr…