Mexican state oil company Pemex reported a significant 69.7% decline in net profit for the second quarter of 2025, reaching 18.02 billion pesos (US $1.04 billion), despite efforts to reduce its debt.

The former CEO of Pemex has been arrested on domestic violence charges after his wife posted a video online showing him physically assaulting her at their home in Morelos.

Mexican President Claudia Sheinbaum has cut ties with a former Pemex chief accused of domestic violence and responded to a New York Times investigation alleging Morena officials offered to be US informants.

Mexico's state oil company Pemex has announced a 93-billion-peso (US $5.4 billion) investment aimed at revitalizing its petrochemical and fertilizer sectors, a move experts view as a potentially losing strategy.

Mexican billionaire Carlos Slim has publicly labeled Pemex's long-stalled Lakach natural gas project as 'irrational,' raising concerns about its viability.

The CEO of Pemex has resigned, and Sheinbaum has named the company's CFO as the new head of the Mexican state-owned oil company.

The CEO of Mexico's state oil company Pemex, a close ally of presidential candidate Claudia Sheinbaum, is reportedly under threat as the company's financial and operational challenges intensify.

A Canadian court has revived a NAFTA-era dispute, reopening a case against Mexico's state-owned oil company Pemex that could potentially cost Mexico hundreds of millions of dollars.

State-owned oil company Pemex has been identified as the largest company in Mexico, topping a new list of the country's ten biggest firms.

Public information reveals a Pemex pipeline repair vessel was anchored for over eight days near a Gulf of Mexico oil spill, with a large slick around it, contradicting official statements about the incident's origin.

An oil spill from Pemex has caused significant environmental damage along Mexico's coast, severely affecting both local residents and wildlife in the affected areas.

A fire at an oil refinery in southern Mexico has killed five people, according to the Mexican state oil company Pemex. Oil-contaminated water around the site had caught fire.

Mexico's state oil company Pemex reported an annual loss of $2.6 billion despite state support, though it managed to narrow its losses in the last quarter of 2025.

Mexico's state oil company Pemex reportedly transferred over $1.5 billion worth of oil to Cuba between 2023 and 2025, allegedly fueling GAESA without transparency. This raises questions about the financial dealings between the two countries.

The long-stalled Pemex corruption investigation has seen a new development with the arrest of Gilda Susana Lozoya, sister of former director Emilio Lozoya, who is considered an accomplice in alleged bribery schemes.

A video showing a former Pemex director beating his wife has sparked widespread outrage in Mexico. The complaint filed by María Felicia Jiménez highlights the severe issue of gender-based violence in the country, where 63% of women over 15 have experienced some form of it.

Investors are reportedly advocating for Pemex, Mexico's state-owned oil company, to access global debt markets to address its financial needs.

Mexico's state-owned oil company, Pemex, continues to face significant challenges despite a recent surge in global oil prices. The company's struggles highlight underlying operational and financial issues.

Mexican President Claudia Sheinbaum announced that Octavio Romero Oropeza, the CEO of state oil company Pemex, will be leaving his position. The departure marks a significant change in leadership for the national energy giant.

Federal agents discovered a sophisticated tunnel connecting an 18-inch pipeline within a Pemex facility in Santa Catarina, Nuevo León, to an adjacent property. The operation led to the seizure of over 205,000 liters of fuel, 23 tractor-trailers, and other vehicles.

After weeks of initial denials, Pemex has officially admitted its responsibility for an oil spill that occurred in the Gulf Coast.

Pemex has activated emergency protocols following a diesel spill at its Deer Park refinery in Texas, with the leak site isolated and an oil spill team deploying booms to contain it.

The Mexican government has initiated discussions with several private companies interested in purchasing fuel from the state-owned Petróleos Mexicanos (Pemex) for resale to Cuban businesses, according to the Mexican President.

Mexico News Daily released its weekly news quiz for March 29th, covering headlines related to Pemex, passengers, and pastries.

Brazil's president has suggested a joint venture between the Mexican state oil company Pemex and Brazil's Petrobras.

Five people have died in a fire that broke out at the Olmeca oil refinery in Mexico, according to the state-owned company Petróleos Mexicanos (Pemex). The company stated that heavy rains contributed to the incident.

Mexican state oil company Pemex has successfully issued $1.8 billion in debt, marking its return to the Mexican financial markets.

Víctor Rodríguez, the former CEO of Mexico's state-owned oil company Pemex, already incarcerated on domestic abuse charges, is now the subject of a federal probe concerning irregularities in a no-bid vehicle leasing contract.

Mexico's state-owned oil company Pemex has imported more petroleum than it exported, marking the first time this has happened in 36 years, following a long period of declining production.

Mexico's Pemex and Brazil's Petrobras announced a partnership to boost oil production in the Gulf of Mexico, combining Brazil's extraction technology with Mexico's deepwater access.

Investors are advocating for Pemex, Mexico's state-owned oil company, to tap into global debt markets.

Víctor Rodríguez has resigned from his position as director of Pemex, Mexico's state-owned oil company. His departure follows a month marked by various troubles within the organization.

Police in Pachuca have arrested six individuals following reports from citizens about a tunnel being constructed towards Pemex pipelines. The arrests were made in connection with the suspected illegal activity targeting the national oil company's infrastructure.

Mexican state-owned oil company Pemex recorded a US $2.6 billion loss in the first quarter, despite a government bailout and a 5.2% increase in crude oil prices.

The Mexican government has begun discussions with private companies interested in purchasing fuel from state-owned Pemex to resell to Cuban businesses.

Public concern is growing in the Gulf of Mexico due to a lack of transparency regarding the causes of a recent oil spill, with the government denying Pemex's responsibility while experts question its origin.

Pemex said that heavy rain caused an "overflow of oily water," which accumulated outside the perimeter fence of the refinery and subsequently ignited, killing five workers, one of whom was a direct employee of the state oil company. The post 5 killed in Pemex oil refinery fire appeared first on Mexico News Daily

First detected off the coast of Pajapan on Monday, the spill has since spread to the municipalities of Tatahuicapan, Mecayapan, Coatzacoalcos and Cárdenas, Tabasco, affecting at least 150 km of…