The company's oil revenues have dwindled. Pemex owed its suppliers $25bn at the end of 2024, up from $7.6bn at the end of 2018. Pemex is an integrated group engaged in oil and gas exploration, production, refining and transport, as well as petrochemicals.
Nicole Johnson Agency Harmony MN
That figure represents more than 10 per cent of the company’s total liabilities.
