Pemex

...in public accounts. "We will be analyzing what the impact of this will be on the possibility of a Pemex debt issue," she told reporters. Pemex [PEMX.UL] said last month it expects its net debt to increase by up to $4 billion in 2010 as it...

In this article: Georgina Kessel, Fitch, Mexico, Capital spending, and Thomson

Energy Minister Georgina Kessel said on Monday Mexico would study the impact of Fitch Ratings' sovereign rating cut on state-owned oil giant Petroleos Mexicanos' financing. Fitch cut Mexico's sovereign credit ratings by one notch, saying...

In this article: Georgina Kessel, Mexico, and Fitch

...pipelines in its Veracruz project. Copavisa presented a winning bid of $8.77 million for the project, which will last for 2 years. Pemex's Veracruz project, the second-largest producer of nonassociated gas in Mexico after the Burgos...

In this article: Cnooc, Qatargas, Suncor, EPA, ConocoPhillips, Natural gas, and Veracruz

...explains that it is urgent "to speed up the discovery of new oil fields and the incorporation of reserves, as well as increase Pemex's execution capacity, particularly through new contracting schemes so that specialized companies can support...

In this article: Mexico, El Universal, Hydrocarbon, Gulf of Mexico, and Los Angeles

...markets to raise funding for projects in 2010, the company's CEO said on Thursday. Pemex Chief Executive Juan Jose Suarez also said that Pemex will likely finalize the terms of its new incentive-based contracts during the first half of...

In this article: Mexico and New York

...crude dynamics in the U.S. market, Mexico may consider including them as part of its market analysis." However Pemex stressed that it had no plans to change its pricing formula "in the near future." Saudi Arabia announced last month it...

In this article: Mexico, United States, Saudi Arabia, and Reuters

...controls 241 wells in the area. Heavy rains flooded dozens of oil wells and access roads, preventing 1,500 Pemex workers from reaching work sites. Pemex said that 90% of pumping stations are paralyzed, affecting the La Cangrejera and...

In this article: Veracruz, Natural gas, Coatzacoalcos, Tabasco, Los Angeles, and Mexico

Adds quote from executive) Mexican state oil company Pemex will invest more than 250 billion pesos ($18.9 billion) a year in coming years, Chief Executive Juan Jose Suarez said on Thursday. Pemex is trying to reverse a steep drop in...

In this article: Revenue

...projects and maintenance of its existing facilities over the next 10 years in a bid to boost flagging output. Over the next 5 years, Pemex will spend $5.5 billion to build new pipelines, pumps and storage facilities, Juan Jose Suarez, Pemex's...

In this article: Mexico and Felipe Calderon

...largest hydrocarbon reserve, so it's not a project that we can suddenly turn around and say, 'Hey, I'm not going to do it,'" said Pemex corporate finance director Esteban Levin Balcells. Energy Minister Jordy Herrera echoed those...

In this article: CNH, Mexico, Rash, and Hydrocarbon