Pemex’s $9 Billion Loss Highlights Deepening Crisis

Mexico’s state oil giant, Pemex, has reported a staggering 190.5 billion-peso ($9.1 billion) loss for Q4 2024, marking a sharp reversal from its profit a year ago. The company attributes…

 

  • Related Posts

    Woodside Resumes Work at Australian LNG Project after Greenpeace Stunt

    Australia’s Woodside Energy on Monday announced it had resumed work on the soon-to-be-commissioned Scarborough project offshore Western Australia, which is set to export LNG to global markets and supply gas…

    Japan’s Electricity Prices Surge 25% as LNG and Coal Costs Soar

    Japan’s average power prices jumped by over 25% at the start of this week from the previous week amid soaring LNG and higher coal prices. The nationwide power price rose…

    Have You Seen?

    CCUS awards recognise capture technology and CO2 infrastructure projects

    • October 19, 2026
    CCUS awards recognise capture technology and CO2 infrastructure projects

    China’s Coal Production Slumps 6.8% as Winter Supply Fears Grow

    • October 19, 2026
    China’s Coal Production Slumps 6.8% as Winter Supply Fears Grow

    Japan’s Electricity Prices Surge 25% as LNG and Coal Costs Soar

    • October 19, 2026
    Japan’s Electricity Prices Surge 25% as LNG and Coal Costs Soar

    Woodside Resumes Work at Australian LNG Project after Greenpeace Stunt

    • October 19, 2026
    Woodside Resumes Work at Australian LNG Project after Greenpeace Stunt

    Técnicas Reunidas wins €200m contract for LNG Canada pipeline expansion

    • October 19, 2026
    Técnicas Reunidas wins €200m contract for LNG Canada pipeline expansion

    Oil Prices Slip as Trump-Putin Diesel Deal Raises Supply Hopes

    • October 19, 2026
    Oil Prices Slip as Trump-Putin Diesel Deal Raises Supply Hopes

    Greenpeace Protest Forces Shutdown at Woodside’s $12.5 Billion Gas Project

    • October 19, 2026
    Greenpeace Protest Forces Shutdown at Woodside’s $12.5 Billion Gas Project

    India’s Crude Oil Import Bill Soars 46% as Middle East Crisis Drives Up Prices

    • October 19, 2026
    India’s Crude Oil Import Bill Soars 46% as Middle East Crisis Drives Up Prices

    Philippines ERC Explores U.S. Nuclear Technology And Regulatory Cooperation For Future Energy Development

    • October 19, 2026
    Philippines ERC Explores U.S. Nuclear Technology And Regulatory Cooperation For Future Energy Development

    New Zealand mandates synthetic refrigerant reporting from 2027

    • October 19, 2026
    New Zealand mandates synthetic refrigerant reporting from 2027