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Data Show Pemex Increased Oil Production, Refining in March

2020-05-06 15:10:50| OGI

Mexico agreed to a 100,000-bbl/d output cut as part of an initiative by the OPEC+ group to push up plummeting oil prices by withdrawing barrels from an oversupplied market. The cuts will be put in place this month.

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Mexicos Pemex Posts Massive $23.6 Billion 1Q Loss

2020-04-30 19:27:03| OGI

The quarterly loss far exceeded the 35.7 billion peso loss during the January to March period last year and comes as the coronavirus pandemic has cratered demand for crude oil globally.

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Mexicos Pemex Sings Contracts For New Oil Projects, CEO Says

2020-02-18 11:10:00| OGI

Romero added in brief comments to Reuters that he does not expect a quick resolution to talks between Pemex and U.S.-based Talos Energy over the Zama oil discovery.

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Pemex CEO Pushes For Control Over Talos-led Zama Discovery

2020-01-30 19:20:00| OGI

Talos Energy CEO Tim Duncan fired back, reaffirming a technical analysis showing it had a large majority of the find and expressing worry that development of the project could be delayed.

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Mexico, Pemex Face Downgrade Risk In 2020

2020-01-03 21:00:00| OGI

The fates of Mexico and Pemex are intertwined: a Mexico downgrade would almost certainly trigger one for Pemex.

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