MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 4.Aug.2025, Words: 188) — Last Friday, Fitch Ratings raised Petróleos Mexicanos or Pemex’ rating from B+ to BB with a stable outlook, as a long-term issuer in local and foreign currency.
This, after the Ministry of Finance announced placement of pre-capitalized structured notes (P-Caps) for $12bn on 28 Jul. 2025 as part of the capitalization and financing strategy 2025-2030 to financially strengthen Pemex.
(Energy Analytics Institute, Aaron Simonsky, 8.Jun.2016) – Paraguay does not need to issue bonds to pay off an outstanding debt with Venezuela’s state oil company […]
(Rystad, 24.Oct.2022) — As the supply side of the oil business continues to tighten globally, calls within the US to ease sanctions on what was […]
(Cogencis, Sukalp Sharma, 20.Aug.2019) — ONGC Videsh Ltd plans to relinquish three exploratory blocks–RC-9, RC-10, and GUA OFF-2–in Colombia in the current financial year ending […]