[Publicidad]
The director of Mexico's state-run oil company says the battered company will return to solid financial footing as early as 2019.
Petroleos Mexicanos chief executive Jose Antonio Gonzalez Anaya presented the company's five-year strategic plan Thursday and says its finances are stable, but could be improved. He says the company's 2015 debts have been paid.
The company known as Pemex is a major revenue generator for Mexico's government. It's been pummeled by falling oil prices and gasoline thefts while adjusting to historic reforms that allow private companies to invest in Mexico's oil and gas exploration to aid flagging production.
In April, the government announced $4 billion in aid for the company. In February, the company had announced it was cutting $5.5 billion from its budget, mostly in exploration and production.
[Publicidad]
Más información
Tendencias
Trabajar en vacaciones con niños en casa es difícil; aplica estos tips para evitar las pantallas
Estados
Detienen en Chiapas a responsable de atropellar y matar al perrito "El Cuetes"; está acusado de maltrato animal y ataques a las vías de comunicación
Universal Deportes
¿Cuándo fue el último partido del Atlante como local en el Estadio Azteca?
Metrópoli
Línea 1 del Cablebús suspende servicio por tormenta eléctrica; inicia desembarque de usuarios