Pemex, from bad to worse: Oil and gas production falls in the middle of debts with suppliers

Mexican Oils (PEMEX) reported that crude oil production amounted to 1 million 366 thousand barrels per day during February, representing an annual fall of 11.5 percent.Thus, the production of the country’s ‘black gold’ accumulated 27 months in red numbers, amid the crisis experienced by oil states such as Campeche, Tamaulipas or Tabasco for lack of payment to suppliers and contractors. Carlos Adrián García Basto, general director of energy agenc…

Pemex reported a process of 898,153 barrels of crude oil per day at the seven refineries of the National Refinery System in February, which meant a use of 45% of its capacity.

Pemex’s crude oil production fell 11.5% in February, affecting oil states. It also reduced natural gas production, increasing energy dependence. In February 2025, Pemex reported a daily production of 1 million 366 thousand barrels of crude oil, representing an annual fall of 11.5%, deepening the crisis that already accumulates 27 consecutive months of setbacks. This decrease in production directly affects states with strong oil activity, such as…