pemex nearly doubles losses in 2015 production dips further
Last Updated : GMT 22:35:19
Arab Today, arab today
Arab Today, arab today

Pemex nearly doubles losses in 2015, production dips further

Arab Today, arab today

Arab Today, arab today Pemex nearly doubles losses in 2015, production dips further

Mexico economy
Mexico City - Arab Today

Mexico's embattled state-run energy firm Pemex posted on Monday $30.3 billion in losses in 2015, nearly double from the previous year, and a further drop in crude production.

After unveiling $5.5 billion in budget cuts, the company published dismal annual results showing 521.6 billion pesos in losses compared to 265.5 billion pesos the previous year, while crude production fell 6.7 percent to 2.27 million barrels per day in 2015.

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pemex nearly doubles losses in 2015 production dips further pemex nearly doubles losses in 2015 production dips further

 



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pemex nearly doubles losses in 2015 production dips further pemex nearly doubles losses in 2015 production dips further

 



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