Saturday, October 31, 2020

Logo Central America Link

Mexico finance minister ready to support Pemex

Thursday, January 28, 2016


Mexico's finance minister said the government is considering injecting more capital into state-owned oil company Pemex, though any decision is not "imminent" and will depend on oil prices and the company's situation.

Crude oil prices have fallen more than 70 percent since 2014, battering Pemex's balance sheet.





Source: Reuters