Mexico's Pemex reports $84.5 billion debt for 2025
Tweet
Share
E-mail
Flares burn at a refinery of Mexican state oil company Pemex, amid rising fuel trafficking from Mexico to the United States, in Ciudad Madero, Mexico, May 28, 2025. REUTERS/Daniel Becerril
MEXICO CITY, Feb 4 (Reuters) - The 2025 financial debt of Mexico's state-owned oil firm Pemex, closed at $84.5 billion, the company's CEO Victor Rodriguez Padilla said on Wednesday during the daily morning press conference of Mexico's president Claudia Sheinbaum.
Pemex's financial debt at the end of 2024 was of $97.6 billion. 2025 marks the fifth consecutive year that the state-owned firm saw a decrease in its financial debt, Rodriguez said.
(Reporting by Ana Isabel Martinez, Editing by Iñigo Alexander)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump instructs Pentagon to reduce military exercises with South Korea
- Crypto wallet provider SafePal discloses data breach affecting nearly 40,000 users' order information
- Iranian parliament advances bill to curb foreign influence
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
