News
28 February 2020

Pemex reveals $18.3bn net loss for 2019

In:
Oil & gas
Region:
Americas

Petroleos Mexicanos (Pemex) posted an $18.3 billion net loss for 2019 - almost doubling the previous year’s loss. Pemex said it had racked up a $9 billion loss in the fourth quarter, or about half the year’s total losses, as it struggled to reverse a 15-year streak of declining crude...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...