Arab Today, arab today mexican state oil firm pemex reports 4bn q2 losses
Last Updated : GMT 16:59:01
Arab Today, arab today
Arab Today, arab today

Mexican state oil firm Pemex reports $4bn Q2 losses

Arab Today, arab today

Arab Today, arab today Mexican state oil firm Pemex reports $4bn Q2 losses

A tank with processed oil at Mexican state
Mexico City - AFP

Mexican state oil firm Pemex said Friday it had registered losses of almost 53 billion pesos ($4 billion) in the second quarter of 2014.
The company, which brings in more than one-third of the government's revenues, said the losses outstripped the $3.7-billion negative result it registered in the same period last year.

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