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Mexico would consider state pumping stations in push for fair fuel prices
Mexico could create a chain of government pumping stations if existing gasoline outlets do not charge “fair prices”
Pemex undergoes corporate restructuring to cut expenses and boost production
The director of Pemex announced that 375 job positions would be eliminated at headquarters and subsidiaries
Set your clocks forward for Daylight Saving Time
Mexico's SENER claimed economic savings from this measure were estimated at MXN$1.39 billion in 2018
Mexico’s CFE spent USD$80.2 million on free electricity for workers
Mexico's Federal Electricity Commission (CFE) gives away 350 kwh per month to each of its workers
Pemex reaches 80th anniversary with little to celebrate
Rating companies have little hope that Mexico's state oil company can pay off its USD$148.43 billion debt
López Obrador rebuts finance ministry over Mexico refinery funding
The deputy finance minister was quoted as saying $2.5 billion for the construction of the Dos Bocas refinery would be moved to state oil firm Pemex
2 out of 10 Mexicans do not pay electricity bills
At present, the Federal Electricity Commission registered 40.6 million clients, out of which nearly 20% did not pay their bills
Electricity theft costs millions to the CFE
The majority of the defaulting debtors are located in seven states: Mexico, Tabasco, Mexico City, Chiapas, Guanajuato, Guerrero, and Veracruz
S&P cuts Pemex credit rating as outlook sinks for Mexican firms
The peso currency dipped as much as 0.6 percent on Monday after the S&P moves
Mexico’s fiber optic connections below average, study shows
In the second quarter of 2018, only 19.42% of Mexico’s fixed broadband accesses were via fiber