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Mexico’s Pemex reports $84.5 billion debt for 2025

By Thomson Reuters Feb 4, 2026 | 8:38 AM

MEXICO CITY, Feb 4 (Reuters) – The 2025 ‍financial debt of Mexico’s state-owned oil firm Pemex, closed at $84.5 ‌billion, the ‌company’s CEO Victor Rodriguez Padilla said on Wednesday during the ​daily morning press conference ‍of ​Mexico’s president ​Claudia Sheinbaum.

Pemex’s financial ‍debt at the end of 2024 was of $97.6 billion. 2025 ‍marks the fifth consecutive year that ‍the ‍state-owned firm ​saw a ​decrease ⁠in its ‌financial debt, Rodriguez said.

(Reporting by Ana Isabel Martinez, Editing by Iñigo ⁠Alexander)