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Ana Isabel Martinez

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

12 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.

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

12 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.

UPDATE 5-Mexico unveils Pemex business plan, but banks underwhelmed

17 Jul 2019

MEXICO CITY, July 16 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.

Exclusive: Pemex plans debt refinancing, greater output as path to healthier balance sheet

21 Jun 2019

LEON, Mexico Mexican state oil company Pemex plans to refinance $2.5 billion (£1.9 billion) in debt this year while trying to revive oil output to boost income, the firm's chief financial officer said, as pressure mounts from ratings agencies over the company's performance.

Mexico's Pemex to stick to areas it knows best, pass on deepwater: CFO

21 Jun 2019

LEON, Mexico Petroleos Mexicanos will focus on shallow water projects and onshore plays, and avoid investing in its deepwater riches for now, as the ailing Mexican state-run oil company seeks to turn around a 14-year slide in crude production, a top official said on Thursday.

Fallen angel? Pemex's wings clipped by the bond market

21 Jun 2019

By Stefanie Eschenbacher, Kate Duguid and Ana Isabel Martinez

UPDATE 2-Mexico's Pemex to stick to areas it knows best, pass on deepwater -CFO

21 Jun 2019

LEON, Mexico, June 20 Petroleos Mexicanos will focus on shallow water projects and onshore plays, and avoid investing in its deepwater riches for now, as the ailing Mexican state-run oil company seeks to turn around a 14-year slide in crude production, a top official said on Thursday.

UPDATE 1-Fallen angel? Pemex's wings clipped by the bond market

20 Jun 2019

By Stefanie Eschenbacher, Kate Duguid and Ana Isabel Martinez

World News