The Mexican government on Tuesday unveiled a plan to rescue ailing state oil producer Pemex, one of the country's largest companies, which has accumulated a whopping $100 billion in debt.

Mexico's government on Tuesday announced a plan aimed at moving its highly indebted state oil company Pemex toward financial ...

Mexican federal officials have busted a massive crude oil smuggling operation hidden in a residential neighborhood in Reynosa ...

Fitch Ratings has upgraded Petroleos Mexicanos after the government sold US$12bil in global debt markets to help shore up the ...