Pemex Posts Third Quarter Profit

(Photo: Pemex)
(Photo: Pemex)

Mexico's Pemex reported a 26.8 billion peso ($1.43 billion) net profit in the third quarter, and revenues of 439.1 billion pesos, the state-run oil and gas company said on Friday.

The profit compared with a 101.8 billion peso loss by the company in the same period last year.

($1=18.7175 pesos at end-September)

(Reporting by Dave Graham; Editing by Daina Beth Solomon)

Current News

Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals

Qatar's Bigger LNG Expansion t

Orsted Appoints CFO, Head of Operations

Orsted Appoints CFO, Head of O

Enhancing Environmental Accountability in Offshore Operations via Data Analytics

Enhancing Environmental Accoun

Exxon's Curveball Move in Guyana Alters Chevron-Hess Deal Prospects

Exxon's Curveball Move in Guya

Subscribe for OE Digital E‑News

Offshore Engineer Magazine