MEXICO CITY A violent Mexican cartel that stole vast amounts of fuel from state energy company Petroleos Mexicanos (Pemex) could operate for years because top government officials at the time looked the other way, a senior official from the current administration said.
NEW YORK/MEXICO CITY Mexico has asked top Wall Street banks to submit quotes for its giant oil hedging program, sources familiar with the matter said on Friday, while trading in crude oil options has increased this week ahead of the megadeal.
NEW YORK/MEXICO CITY, July 24 Mexico has asked
top Wall Street banks to submit quotes for its giant oil hedging
program, sources familiar with the matter said on Friday, while
trading in crude oil options has increased this week ahead of
MEXICO CITY Mexico has spoken to a host of foreign companies, particularly steelmakers, in an effort to lure business from Asia to capitalize on a new North American trade deal, Economy Minister Graciela Marquez said on Monday.
MEXICO CITY Mexico is in talks with the Chinese government and private Chinese laboratories, as well as the University of Oxford and company AstraZeneca about running trials for experimental COVID-19 vaccines, a senior Mexican official said on Monday.
NEW YORK/MEXICO CITY Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said.
MEXICO CITY Mexico is facing its deepest recession in decades and prominent investors believe it could soon follow state oil company Pemex in seeing its credit rating relegated to "junk" territory as the COVID-19 pandemic rages on.
MEXICO CITY/NEW YORK Mexico's state-owned oil company Petroleos Mexicanos has seen investor sentiment improve in recent weeks despite sky-high debts, a slump in demand and no clear direction about how the government will turn the money-losing driller around.