PEMEX CEO boasts oil production of 1.76 MMb/d

MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 26.Oct.2026, Words: 177) — PEMEX CEO Juan Carlos Carpio Fragoso highlighted the progress made in strengthening the state-owned company to consolidate Mexico’s energy sovereignty.

“Through stabilization in production, refining, and the provision of strategic inputs such as fertilizers and petrochemicals, we guarantee the energy necessary to drive national industry and the well-being of Mexican families,” Carpio Fragoso said last week during his participation in the morning presser hosted by Mexico’s president Claudia Sheinbaum Pardo.

Other highlights include: 

— oil: approximately 1.76 million barrels per day (MMb/d) between Jan.-Aug. 2026;

— natural gas: 4.916 billion cubic feet per day (Bcf/d), up 7.5% versus 2024;

— gasoline, diesel, and jet fuel: 1,001,000 b/d, up 1-8% versus 2018;

— refining: 1,109,000 b/d, up 81% versus 2018.

— fertilizers: 773,000 tons, which will benefit Mexican agriculture between Jan.-Aug. 2025 and Jan.-Aug. 2026; and

— petrochemicals 56,000 tons of strategic inputs between Jan.-Aug. 2025 and Jan.-Aug. 2026.

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By Isaac Silvestre reporting from Monterrey. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.