
Scott Squires
Mexico Energy Reporter at Bloomberg News
Mexico energy reporter @business | Tejano por siempre | Previously covered money & markets in Argentina. All opinions my own
Articles
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3 weeks ago |
news.bloombergtax.com | Scott Squires
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3 weeks ago |
news.bloomberglaw.com | Scott Squires
Mexico’s state oil company expects to save over 3.53 billion pesos (about $184m) this year through a corporate restructuring initiative, according to a company .
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3 weeks ago |
bloomberg.com | Maria Elena Vizcaino |Kelsey Butler |Scott Squires
Para una empresa ahogada en deudas, Petróleos Mexicanos SA está pasando por un inusual buen momento en el mercado. Inversionistas han estado comprando los bonos de la petrolera, apostando a que la presidenta Claudia Sheinbaum podrá estabilizar sus finanzas y restaurar la credibilidad de la gigante estatal.
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3 weeks ago |
bloomberglinea.com | Maria Elena Vizcaino |Kelsey Butler |Scott Squires
Bloomberg — Para ser una empresa ahogada en deudas, Petróleos Mexicanos (Pemex) está disfrutando de una rara ola de optimismo entre los inversores. Los compradores se están abalanzando sobre los bonos de la petrolera, apostando a que la presidenta Claudia Sheinbaum puede estabilizar sus finanzas y restaurar la credibilidad del gigante estatal.
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3 weeks ago |
bloomberg.com | Maria Elena Vizcaino |Kelsey Butler |Scott Squires
Claudia Sheinbaum during an event commemorating the 87th anniversary of Mexico’s oil expropriation, at the Pemex headquarters in Mexico City, on March 18. (Bloomberg) -- For a company drowning in debt, Petroleos Mexicanos SA is enjoying a rare wave of investor optimism. Buyers are snapping up the driller’s bonds, betting President Claudia Sheinbaum can stabilize its finances and restore credibility for the state-owned giant.
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Spending $2 billion on a trio of projects with debt-laden Pemex has transformed Carlos Slim into Mexico’s most important oil baron, as the company tries to boost output and drill its way out of debt. Story w/ @amystillman @andreanavarror @wicary https://t.co/9DggdrtFf4

RT @wicary: Mexico’s state oil company is discussing plans to slash over 3,000 jobs in a proposed corporate restructuring that is expected…

Pemex’s deepening financial crisis is visible in every corner of seaside Ciudad del Carmen, where suppliers ration tortillas and serve oilfield workers nothing but beans as the company racks up unpaid bills. My dispatch for Bloomberg Weekend Edition here: https://t.co/wNnqguBdE4