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Investors have been fleeing Pemex, like Norway’s sovereign wealth fund, which excluded the state firm from its portfolio last month over corruption concerns. Other big players sold their Mexican ...
Pemex plans to cut 3,000 jobs and streamline its operations in a restructuring effort to reduce expenses, ... 16 hours Shell Boosts Natural Gas Production at Norway’s Ormen Lange Field.
Norway's wealth fund, the world's largest, sold all its fixed income investments in Pemex on Sunday citing what it called an unacceptable risk that the company is involved in corruption. Sign up here.
MEXICO CITY (Reuters) -Mexican state oil company Pemex said on Monday that it responded in a timely manner to requests for information from Norway’s wealth fund, but the fund's ethics watchdog ...
Norway’s US $1.8-trillion sovereign wealth fund, the world’s largest, has sold all of its fixed-income investments in Mexico’s state-owned Petróleos Mexicanos (Pemex), it announced on Sunday.
Norway's US$1.8tn wealth fund divests from Pemex due to corruption concerns . Bnamericas Published: Monday, May 12, 2025 .
OSLO (Reuters) -Norway's wealth fund, the world's largest, has sold all its fixed income investments in Mexican state oil firm Pemex, it said on Sunday, citing what it called an unacceptable risk that ...
Norway's wealth fund, the world's largest, has sold all its fixed income investments in Mexican state oil firm Pemex, it said on Sunday, citing what it called an unacceptable risk that the company ...
MEXICO CITY (Reuters) -Pemex, Mexico's heavily indebted state energy company, reported an 11.3% drop in first-quarter production of crude and condensate on Wednesday as falling sales and foreign ...
Pemex states on its site that it is “the most important company in Mexico and one of the largest in Latin America”. The business notes on its site that it carries out “extensive exploration ...
Mexico’s new President Claudia Sheinbaum announced measures last month to steady the finances of the state-owned oil company Pemex, which experienced another round of losses this fall. In September, ...
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