Following 2 years of net losses, Pemex is projected to post oil revenue in 2027
According to an analysis of the proposed 2027 budget by the think tank México Evalúa, the government is projected to earn net oil revenue of 127 billion pesos (US $7.1 billion) next year. The post Following 2 years of net losses, Pemex is projected to post oil revenue in 2027 appeared first on Mexico News Daily
Mexico's federal government is projected to earn net oil revenue for the first time since 2024 in 2027, according to an analysis by the think tank México Evalúa. The projected net oil revenue of 127 billion pesos (US $7.1 billion) is the result of 211 billion pesos in oil revenue minus 84 billion pesos in planned government transfers to state oil company Pemex.
This marks a significant shift from the two consecutive years of net losses Pemex has incurred, though the amount remains below previous years' totals. The government's support for Pemex has been substantial in recent years, with transfers exceeding total oil revenue in both 2025 and 2026, potentially leading to losses if the planned support remains high.
Brief written by urgent.news from Mexico News Daily's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
