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Reuters.com 04/03/2020 18:35
REUTERS/Jose Luis Gonzalez While the ratings agency had previously singled out Pemex as “the most vulnerable” to low oil prices among its Latin American peers, the decision to cut the rating further comes just as the market rebounded in recent days.
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Financial Post (Canada) 04/03/2020 16:36
Fitch Ratings cut Pemex's long-term foreign and local currency issuer default ratings to 'BB' from 'BB+' due to the deterioration of the Mexican state oil company's stand-alone credit profile during the downturn in the global oil and ...
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Reuters.com 03/31/2020 20:15
Pemex, as the company is known, also said in a statement to the stock exchange that it will prioritize worker safety and that its gasoline storage terminals have enough stock to satisfy domestic demand.
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Mexico News Daily 03/30/2020 14:01
Oro Negro used the recording as evidence in a lawsuit against Pemex in which it claimed that Pemex drove it to bankruptcy when it refused to pay bribes.
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MercoPress 03/28/2020 04:34
S&P downgraded Mexico’s credit rating on Thursday as the coronavirus pandemic and a hit to state oil firm Pemex from plunging crude prices battered the growth outlook and piled pressure on the government to lift the struggling economy.
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El Universal (Mexico) 03/27/2020 13:04
S&P downgrades Mexico, Pemex ratings midst coronavirus crisis.
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FP Trading Desk (Canada) 03/27/2020 13:01
MEXICO CITY — Mexico’s government will likely prop up state oil firm Petroleos Mexicanos (Pemex) due to its vulnerability to low crude prices as coronavirus erodes demand, S&P Global Ratings said Friday, a day after it cut the ratings of both Mexico and Pemex.
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