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

Additional LNG Exports from Plaquemines LNG Approved

Additional LNG Exports from Plaquemines LNG Approved

LA Releases Draft Environmental Impact Statement for Berth Redevelopment

LA Releases Draft Environmental Impact Statement for Berth Redevelopment

EU Doesn’t See Risks to Oil and Gas Supply Yet

EU Doesn’t See Risks to Oil and Gas Supply Yet

US Officials Predict Quick End to Iran War

US Officials Predict Quick End to Iran War

Subscribe for Maritime Logistics Professional E‑News

Sources: China relaxes BHP iron-ore ban for a week
Trump threatens to strike Iran’s Kharg Island oil networks if shipping routes remain blocked
After a terminal attack, an Indian vessel leaves Fujairah in the UAE