For Norway’s ethics committee, Pemex’s record was incompatible with the fund’s investment standards. “The risk of continued corruption is unacceptably high,” the Council concluded, ...

Norway's wealth fund, the world's largest, has sold all its fixed income investments in Mexican state oil firm Pemex, it said on Sunday, citing what it called an unacceptable risk that the company ...

Norway's wealth fund, the world's largest, sold all its fixed income investments in Pemex on Sunday citing what it called an unacceptable risk that the company is involved in corruption. Sign up here.

Pemex is doing business with more outside companies than ever and seeking new partnerships from Houston to Norway. Pemex, after all, is one of the world's 10 largest oil producers.

Norway's US$1.8tn wealth fund divests from Pemex due to corruption concerns . Bnamericas Published: Monday, May 12, 2025 .

Mexican state oil company Pemex's E&P unit (PEP) in June awarded Fugro the 889mn-peso (US$81.5mn) Anegada-Labay contract. The works entail evaluation of a 15,082km2 area offshore Veracruz state ...

OSLO (Reuters) -Norway's wealth fund, the world's largest, has sold all its fixed income investments in Mexican state oil firm Pemex, it said on Sunday, citing what it called an unacceptable risk that ...

MEXICO CITY (Reuters) -Mexican state oil company Pemex said on Monday that it responded in a timely manner to requests for information from Norway’s wealth fund, but the fund's ethics watchdog ...