Search for Petroleos Mexicanos and
    1. September 30, 2015

      Mexico oil auction eases memory of previous sale flop

      Despite the plunge in oil prices, Mexico banished the bitter memory of its oil tender flop by awarding more blocks than...

    2. September 27, 2015

      Mexico learns lessons after oil auction flop

      Mexico’s economy has long been open, with the notable exception of its energy sector. Now, as trade integration under...

    Special Reports

    1. Investing in the Pacific Alliance Countries

      The members of the Pacific Alliance — Mexico, Chile, Peru, and Colombia — are more sta...
    2. Latin American Brands

      With economies slowing, unemployment and debt burdens rising, many households are unde...
    Search more Special Reports on this topic.

    1. July 28, 2015

      Pemex hit by crude oversupply, low prices and strong dollar

      Mexico’s national oil company Pemex reported its 11th consecutive quarterly loss on Tuesday, failing to stage a...

    2. July 27, 2015

      Pemex tied by accounting Catch 22

      Mexico’s Pemex, battered by the oil price crash and on track to report its 11th consecutive quarterly loss on Tuesday,...

    3. July 14, 2015

      Mexico prepares for second oil revolution

      Wednesday is D-Day for Mexico’s key energy reform. For nearly 80 years, the oil industry has been concentrated in the...

    4. July 12, 2015

      Mexico: the big oil sell-off

      One word is crucial to the terms of Mexico’s historic first oil tender on Wednesday, but it does not appear anywhere in...

    5. June 23, 2015

      Jamaica hedges against higher oil price

      Wall Street is urging developing world governments and large oil importing nations to use financial derivatives to lock...

    6. June 21, 2015

      Oil market buzzes in the wake of big options trades

      The oil market is buzzing with intrigue over two derivatives deals last week that bore the signature of a large...

    7. June 11, 2015

      Oil company Pemex has biggest exploration success in 5 years

      Mexican state oil company Pemex announced five new shallow-water discoveries in the Gulf of Mexico in what it said was...

    8. April 28, 2015

      Singapore rig builders feel impact of oil price slide

      Problems in the Brazilian and Mexican oil industries unleashed by the plunge in crude prices have ensnared two pillars...

    9. April 21, 2015

      Pemex prepares to expand oil production after decade of decline

      Oil production at Pemex has touched bottom after a decade of decline, according to the head of exploration and...

    10. April 13, 2015

      Citigroup reshuffles top ranks as Manuel Medina-Mora retires

      Citigroup shuffled its executive team on Monday, a chain reaction of job moves started by the retirement of Manuel...

    11. April 1, 2015

      Fatal Gulf of Mexico oil platform fire

      A fire at a Pemex platform in the Gulf of Mexico killed four workers and injured 16 others, the Mexican state-owned oil...

    12. beyondbrics

      March 13, 2015

      Weighing up partners for Mexico oil tenders

      International oil companies are “polygamous” by nature, says Iván Sandrea, chief executive of Sierra Oil & Gas, the...

    13. beyondbrics

      March 12, 2015

      Guest post: Mexico's electricity sector outshines oil & gas

      By Paul Shortell Mexico’s electricity industry appears poised to outperform oil and gas in 2015. Ambitious plans to...

    14. March 9, 2015

      Mexico sweetens tax terms for energy groups developing its oil

      Mexico is sweetening the tax terms for energy groups hoping to develop the country’s oil and gas resources, because of...

    15. March 3, 2015

      Exploration interest in Mexican oil rises despite price fall

      Oil companies had waited nearly 80 years to invest in oil and gas exploration in Mexico and the government had overcome...

    16. beyondbrics

      March 2, 2015

      Mexico's energy reform: do the numbers add up?

      Mexico’s oil liberalisation is now well under way, with the tender of a second lot of oil assets – nine fields grouped...

    17. February 27, 2015

      Pemex losses grow amid low oil price

      Clobbered by plunging oil prices and foreign exchange volatility, Mexico’s state energy company, Pemex, reported what...

    18. February 20, 2015

      Citi docks Corbat’s pay after bad year

      Citigroup has docked the pay of chief executive Mike Corbat by about 9.5 per cent, after a year in which the bank...

    19. beyondbrics

      February 12, 2015

      Mexico's energy reform: black silver?

      Oil is popularly known as black gold. Now the world’s biggest miner of another shiny precious metal is jumping on...

    20. February 8, 2015

      Pemex to cut capital spending

      Pemex, Mexico’s state oil company, expects to cut capital spending this year and says it will be “very difficult” for...

    21. beyondbrics

      January 26, 2015

      Pemex shakes up system for suppliers

      Pemex, the Mexican state oil company, is being forced to sharpen up its act. Not only are costs under pressure, so is...

    22. beyondbrics

      January 12, 2015

      Citi and the Banamex dilemma

      It might just be total speculation, but persistent rumours that Citigroup wants to dump Banamex, the former star unit...

    23. beyondbrics

      January 9, 2015

      New year, new problems for Mexican oil

      A new year, a newly opening Mexican oil sector … but things are off to a mixed start. On the less than rosy side,...

    24. beyondbrics

      December 31, 2014

      Guest post: Mexico's energy industry gushes with investment opportunity

      By Michael Fitzgerald and Arturo Carrillo, Paul Hastings Mexico’s government recently passed reforms repealing...

    25. December 11, 2014

      Mexico sets rules for historic oil tender

      Mexico has unveiled long-awaited initial contract terms for the first 14 oil and gas areas it is auctioning in a...

    26. beyondbrics

      December 11, 2014

      Mexico: Don't You Worry About a Thing

      Appearances – and doing the right thing – are very important in Mexico. So the head of Pemex, the state oil company,...

    27. beyondbrics

      December 11, 2014

      Mexico, the US and the IMF: worst-case oil price scenarios

      You don’t have to look far to see the impact on Mexico of falling oil prices (now close to a five-year low): just take...

    28. beyondbrics

      December 3, 2014

      Stepping on the gas: Mexico gets new pipeline

      Mexico will be able to boost imports of cheap US shale gas by 45 per cent now that the first phase of a major new...

    29. beyondbrics

      November 18, 2014

      Pemex restructures in wake of energy reform

      It might sound like more bureaucracy, not less: Instead of four operating units, Pemex, Mexico’s state oil company, now...

    30. November 17, 2014

      Foreign investors vie for licence to drill in Mexico

      For Mexico’s energy sector, poised on the cusp of historic liberalisation, there could hardly have been a worse time...

    31. beyondbrics

      November 14, 2014

      Mexico-China: confidence pays off

      Never mind that Mexico last week stripped a Chinese-led consortium of a $3.6bn bullet train tender, prompting the...

    32. November 12, 2014

      Foreign majors eye rich returns from deepwater drilling in Gulf of Mexico

      Wajih Effendi has been based in Houston for the past two years, slowly developing the Mexico business of BG Group, an...

    33. November 12, 2014

      Investment influx promises cheaper and greener power for Mexico

      Enrique Ochoa, the head of Mexico’s state electricity company, CFE, is a busy man. “My diary is full of meetings with...

    34. November 12, 2014

      Economic and practical obstacles limit Mexico’s shale ambitions

      Vladimir Sosa, the 32-year-old first energy undersecretary of the Mexican state Nuevo León, is no oilman. But his...

    35. November 12, 2014

      Mexico’s domestic energy contractors are out to seize their chances

      From cheese to polyester and engine parts, there is little Alfa does not make. The industrial conglomerate got its...

    36. November 12, 2014

      Profile: Emilio Lozoya, head of Pemex

      Emilio Lozoya is in a hurry. The fresh-faced Pemex chief has a new board of directors and a focused strategy, and wants...

    37. November 12, 2014

      The way clears for modernisation of Mexico’s energy sector

      Mexico’s opening of its energy sector to private participation will probably lead to a rapid acceleration in growth of...

    38. November 12, 2014

      Petrochemicals production set for upturn with end of state monopolies

      When a long-mooted joint venture between Mexichem and Pemex to develop a vinyl chloride monomer (VCM) plant in eastern...

    Search for Petroleos Mexicanos and