Pemex posts steep 2019 loss in blow to president revival plan

Pemex posts steep 2019 loss in blow to president revival plan
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02.03.2020

MOSCOW (MRC) - Petroleos Mexicanos posted a USD18.3 billion net loss for 2019 on Thursday, nearly doubling the previous year's loss and dealing a major blow to the Mexican president's quest to revive the heavily-indebted state oil company, reported Reuters.The company known as Pemex said it had racked up a USD9 billion loss in the fourth quarter, or about half the year's total losses, as

Full article at mrcplast.com

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