Mexico’s oil industry faces new pressures from Venezuela oil under US
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Mexico's state-owned oil company, Pemex, faces increasing challenges due to significant debt, operational constraints, and infrastructure issues. Published on January 29, 2026, the article highlights Pemex's struggle to increase production amid declining oil fields and a $100 billion debt. The company's financial instability is compounded by fuel theft and a reliance on imports from the United States. Decades of soil contamination, methane emissions, and pipeline spills have impacted local communities. A 2016 explosion at the Pajaritos complex, resulting in 32 deaths, exemplified the risks associated with neglected infrastructure. Pemex's sustainability is further threatened by regional changes and competition.
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This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
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