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Ana Isabel Martinez

Oil companies press Mexican president to resume suspended auctions

06 Dec 2019

MEXICO CITY Big oil companies operating in Mexico have launched a drive to convince leftist President Andres Manuel Lopez Obrador to resume auctions of oil and gas contracts he has branded a failure in reviving the industry.

Oil companies press Mexican president to resume suspended auctions

06 Dec 2019

MEXICO CITY, Dec 5 Big oil companies operating in Mexico have launched a drive to convince leftist President Andres Manuel Lopez Obrador to resume auctions of oil and gas contracts he has branded a failure in reviving the industry.

El Chapo's son led dramatic rescue of his half brother in Mexico battle

31 Oct 2019

MEXICO CITY Ivan Archivaldo Guzman, the leader of Los Chapitos wing of the Sinaloa Cartel, was behind the assault on security forces that prompted the release of his half-brother from a house in the city of Culiacan last week, a top Mexican official said.

Mexico's Pemex posts $4.4 billion loss, makes progress on cutting debt

29 Oct 2019

MEXICO CITY Slumping revenues pushed Mexico's Petroleos Mexicanos to a net loss of 87.4 bln pesos ($4.43 billion) in the third quarter, but the struggling state oil firm said on Monday it had cut back its hefty debt load, bucking the trend of recent years.

UPDATE 2-Mexico's Pemex posts $4.4 bln loss, makes progress on cutting debt

29 Oct 2019

MEXICO CITY, Oct 28 Slumping revenues pushed Mexico's Petroleos Mexicanos to a net loss of 87.4 bln pesos ($4.43 billion) in the third quarter, but the struggling state oil firm said on Monday it had cut back its hefty debt load, bucking the trend of recent years.

Mexico shootout's lopsided death toll sparks questions over use of force

18 Oct 2019

MEXICO CITY The mass killing in Mexico this week of 14 suspected gang members in a gunfight that claimed the life of one soldier has raised questions about whether the armed forces used excessive force, reviving the spectre of notorious cases from the past.

Mexico's Pemex offers to prepay chunk of $14.7 billion in bonds

13 Sep 2019

MEXICO CITY Mexico's Pemex said on Thursday it had launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023, in President Andres Manuel Lopez Obrador's latest effort to shore up the state oil firm.

UPDATE 3-Mexico's Pemex offers to prepay chunk of $14.7 bln in bonds

13 Sep 2019

MEXICO CITY, Sept 12 Mexico's Pemex said on Thursday it had launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023, in President Andres Manuel Lopez Obrador's latest effort to shore up the state oil firm.

Mexico's Pemex launches offer to prepay up to $14.7 billion of bonds

13 Sep 2019

MEXICO CITY Mexico's Pemex said on Thursday it had launched a tender offer to prepay up to $14.7 billion of its bonds, in the largest financial operation to shore up the state oil firm since President Andres Manuel Lopez Obrador took office.

Mexico unveils Pemex business plan, but banks underwhelmed

17 Jul 2019

MEXICO CITY Mexico on Tuesday unveiled parts of a keenly awaited business plan meant to bring the world's most indebted oil company back from the abyss, but its vow of $7.2 billion in government support failed to dispel worries of a ratings downgrade.

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