Trump's ideological embrace of fossil fuels and energy nationalism follows in Mexico's footsteps. It didn't work out so well ...

Between January and March 2025, the Mexican government supplied the Cuban regime with an average of 19,600 barrels of oil per ...

But one of the world's wealthiest men, Carlos Slim, sees things differently. Some call him the "Mexican Elon Musk" because of ...

The family stands accused of orchestrating a sophisticated $300 million fraud scheme involving the illegal transportation of ...

Mexico’s state-owned oil company, Petróleos Mexicanos (Pemex), is facing a severe energy crisis. The company is struggling with a power struggle and oil contraband, which is affecting the country.

Left: This view shows a section of the Pemex thermoelectric plant and refinery in Tula de Allende, Hidalgo state, Mexico on August 6, 2024. Right: Trucks drive to cross to US at Otay Commercial ...

Mexico’s Pemex booked a 44% decline in crude oil exports last month, to some 530,000 barrels daily, which was the lowest export rate in decades, Reuters said in a report. For context, the ...

Fitch Ratings affirmed Mexican state-owned oil company Pemex's credit rating at B+, maintaining a stable outlook despite financial and operational issues that continue to limit the company's ...

Key Takeaways In 2022, Mexico's gross domestic product (GDP) was $1.41 trillion. From 2010 to 2018, Mexico's annual GDP rate showed modest growth, ranging from 1.35% to 5.12%.

Two such companies — Borr Drilling and Paratus Energy Services — are currently providing a total of 10 jack-up drilling rigs to Mexico’s Pemex, but unpaid bills are swelling.

By 2000, he was elected mayor of Mexico City and began promoting social programs like old-age pensions and financial support for single mothers. He first ran for president in 2006.