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 ...

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 ...

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

Mexico’s state oil giant, Pemex, has reported a staggering 190.5 billion-peso ($9.1 billion) loss for Q4 2024, marking a sharp reversal from its profit a year ago. The company attributes this ...

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 ...

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.