Pemex taps Japanese capital market
Mexico In a press release over the weekend, Pemex said the loan from the Japanese capital market was for a duration of 10 years with an interest rate of 0.54%. More than 90 investors took part in the loan, which is underwritten by the Japan Bank for International Co-operation.
“This transaction enters within Pemex’s strategy to diversify its base of investors and to access sources of financing through diverse formats and currencies,” the company said, adding that it reflected the “confidence of international investors in Pemex as a productive enterprise of the state, as well as in the opportunities offered by the energy reform.”
Recent Posts
Touchstone acquires Trinidad E&P player Trinity
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
SLB OneSubsea, Subsea7 sign long-term deal with Equinor
SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More
Presight AI takes 49% stake in ADNOC energy AI player
Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More
Wood wins TotalEnergies North Sea flare recovery work
UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More