marine link image
REGISTER NOW FOR the Port of the Future Conference • 2 Days, 50 Ports • Houston, TX • March 24–25, 2026

Pemex Loses $4.4B in Q3

October 24, 2014

Mexico's state-owned oil company Pemex reported a sharply deeper third quarter loss, nearly 50 percent larger compared to the same period last year, the company said on Friday in a filing with the Mexican stock exchange.

Pemex said its quarterly loss totaled 59.65 billion pesos ($4.44 billion) during the July to September period, compared with a year earlier loss of 39.2 billion pesos ($2.98 billion).

The company reported third-quarter revenues of 406.5 billion pesos for the quarter, down 0.7 percent compared with same period last year.

($1 = 13.4235 Mexican pesos at end-Sept.)

Logistics News

Argentina Grain Exports Rise From Strong Harvest

Argentina Grain Exports Rise From Strong Harvest

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Independent Port Consultants Announces New Hires

Independent Port Consultants Announces New Hires

US Crude Being Shipped to Asia Via Panama Canal

US Crude Being Shipped to Asia Via Panama Canal

Subscribe for Maritime Logistics Professional E‑News

Peru launches natural gas distribution and aims to normalize by Saturday
Early findings indicate that the US-owned tanker near Iraq was attacked by unmanned vessels
Vietnam prepares for flight reductions from April, after China and Thailand ban jet-fuel exports