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Mexican Government Slashes Pemex Aid by 70% in New Budget

Mexico plans to cut financial support for state-owned Petroleos Mexicanos by nearly 70% next year, earmarking 81 billion pesos ($4.8 billion) to help cover the oil producer’s debt payments.

Mexican Government Slashes Pemex Aid by 70% in New Budget

Mexico plans to cut financial support for state-owned Petroleos Mexicanos by nearly 70% next year, earmarking 81 billion pesos ($4.8 billion) to help cover the oil producer’s debt payments.

Energy Bloomberg Sep 9, 2026

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