Mexico’s Sheinbaum Says Her Pemex Debt Refinancing Plan Includes New Ventures

  • Renewables, cogeneration among presidential candidate’s ideas
  • Morena party’s pick talked about Pemex refinancing before 2025
Claudia SheinbaumPhotographer: Fred Ramos/Bloomberg
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Petroleos Mexicano’s debt refinancing should go hand-in-hand with a plan for the state oil company to venture into new kinds of energy projects and boost certainty about the state oil firm’s future, said presidential candidate Claudia Sheinbaum.

The candidate for the ruling Morena party said the company’s expansion of renewable energy production and forays into cogeneration could be part of Mexico’s contribution to reducing world greenhouse gas emissions, expanding on her potential plans for the world’s most-indebted oil company if she wins the Mexican election in June.