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Mexico News Daily 08/05/2020 12:53
The previous government’s sweeping energy reform, which opened up the energy sector to private and foreign companies, may need to be reversed in order to save Pemex, President López Obrador said in a memorandum to government officials and energy regulators.
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Natural Gas Intelligence 07/31/2020 16:16
The government and Pemex management do not miss an opportunity to emphasize that almost six years after the energy reform, Pemex is the company that contributes almost all of the production in the country.
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El Universal (Mexico) 07/29/2020 09:20
... that the Attorney General’s Office (FGR) provided enough evidence to presume that Lozoya Austin laundered money obtained through the purchase of Agronitrogenados, a fertilizer, which resulted in the loss of MXN 8,000 million for Pemex.
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ethiXbase 07/29/2020 04:00
The former boss of Mexican state oil firm Pemex, Emilio Lozoya, told a court on Tuesday he was innocent of graft charges and vowed to denounce those responsible for his alleged crimes, in a case that could seriously embarrass Mexico’s previous rulers.
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Financial Post (Canada) 07/28/2020 22:48
MEXICO CITY -- The former boss of Mexican state oil firm Pemex, Emilio Lozoya, told a court on Tuesday he was innocent of graft charges and vowed to denounce those responsible for his alleged crimes, in a case that could seriously embarrass Mexico's previous rulers.
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ICIS News 07/28/2020 16:12
HOUSTON (ICIS)--Mexican state energy producer Pemex reported on Tuesday that its second-quarter comprehensive net loss grew year on year because sales fell faster than costs. The following shows the...
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OilPrice.com 07/20/2020 15:00
Big-spending Pemex is set to cut its 2020 capital expenditure by ~$2B, or 20% of its planned capex of $10B with Petrobras lowering spending by $3B while Ecopetrol will cut by $2.3B.
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Lozoya, who served as Pemex’s chief executive officer from 2012-2016, is accused of accepting around $10.5 million in bribes from Brazilian engineering company Odebrecht.
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