![A Pemex oil rig stands tall against a vibrant sunset, symbolizing Mexico's oil industry.](/content/images/size/w600/2024/03/A-Pemex-oil-rig-stands-tall-against-a-vibrant-sunset.jpg)
Business
Pemex Bets on Self-Reliance in a Changing World
86 years after Mexico seized its oil, Pemex navigates a comeback amidst staggering debt. Energy independence is the goal, but a strengthening peso and the oil giant's financial burden cast a shadow. The world still needs oil, but Pemex's future hinges on overcoming debt.