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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2 weeks ago |
bloomberg.com | Scott Squires
Have a confidential tip for our reporters? Before it’s here, it’s on the
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2 weeks ago |
bloomberg.com | Scott Squires
A Petroleos Mexicanos gas station in Punta de Mita, Mexico. (Bloomberg) -- Petroleos Mexicanos’ losses continued in the first quarter, another setback for the embattled state oil company as it struggles to boost production and dig itself out from massive debts. Pemex posted a net loss of 43.3 billion pesos ($2.21 billion) for the first three months of the year, according to a statement Wednesday.
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4 weeks ago |
rigzone.com | Nathan Risser |Scott Squires
Fuel shipments from Texas headed to Mexico have ground to a halt as the Mexican government cracks down on imports over tax payments. The Texas-Mexico land crossing has been effectively closed for two weeks for trucks carrying fuels such as gasoline and diesel after the government ramped up cargo inspections, according to people familiar with the matter.
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4 weeks ago |
ttnews.com | Nathan Risser |Scott Squires
Government Business Fuel Logistics April 15, 2025 4:52 PM, EDT United States' Southern Neighbor Is Trying to Crack Down on Illegal Fuel Shipments Tanker trucks wait at a storage and dispatch terminal of Petroleos Mexicanos. (Felix Marquez/Associated Press) [Stay on top of transportation news: Get TTNews in your inbox.] Fuel shipments from Texas headed to Mexico have ground to a halt as the Mexican government cracks down on imports over tax payments.
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4 weeks ago |
bloomberg.com | Nathan Risser |Scott Squires
Tanker trucks wait in line to be filled with gasoline at a petroleum oil refinery in Salt Lake City, Utah. (Bloomberg) -- Fuel shipments from Texas headed to Mexico have ground to a halt as the Mexican government cracks down on imports over tax payments. The Texas-Mexico land crossing has been effectively closed for two weeks for trucks carrying fuels such as gasoline and diesel after the government ramped up cargo inspections, according to people familiar with the matter.
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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
Mexico’s president says Pemex will split profits with private-sector partners in joint ventures that may account for as much as 10% of the state oil company’s output https://t.co/6bzhGiTrXH via @business
As Donald Trump threatens tariffs on oil, a floundering $20 billion refinery project is imperiling Mexico's efforts to curb its addiction to foreign fuel. Our reporting reveals what's gone wrong at the Dos Bocas plant https://t.co/VkylgUqR41