Pemex vendor debt reaches historic, unpayable levels

Pemex vendor debt reaches historic, unpayable levels

000 Strategic Considerations: The state-owned company’s debt to suppliers grew considerably last year as the oil giant increased its expenditures, despite the decline in oil prices due to the COVID pandemic. The health and economic crises made it harder for the...
REDD Insight: Pemex can’t talk its way into higher output

REDD Insight: Pemex can’t talk its way into higher output

000 [The REDD Insight is a daily market comment produced by senior members of the REDD Intelligence Latin America newsroom. The views expressed in this report are solely those of the author(s) and are not necessarily either shared or endorsed by REDD.] “The old rule...
Pemex budgetary cut will hurt oil production recovery in 2020

Pemex budgetary cut will hurt oil production recovery in 2020

000 Strategic Considerations: Pemex’s crude output could be around 1.5m barrels of oil per day by the end of the year due to the company’s financial situation and the depletion of the Ku-Maloob- Zaap fields. Since the company has been reducing investments in...
Limits, Opportunities in Mexico’s Secondary Market

Limits, Opportunities in Mexico’s Secondary Market

000 Interview with Layla Vargas, Muvoil’s General Director By Pedro Alcalá Read original Q: What do you consider to be the most important milestones that led to the founding of Muvoil Consulting? A: Before founding Muvoil in 2018, I worked as the Director...