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Stock impact report

Mexico's Sheinbaum Wants Debt-Laden State Oil Giant to Go Green [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
But first, Claudia Sheinbaum knows she has to fix Petroleos Mexicanos' $106 billion debt problem. Most Read from Bloomberg Traders Are Cashing Out of Markets En Masse New York's Rich Get Creative to Flee State Taxes. Auditors Are On to Them Elon Wants His Money Back Xi Orders China's Biggest Military Reorganization Since 2015 Nigeria's Economy, Once Africa's Biggest, Slips to Fourth Place “We have to work on two fronts: on the one hand, the refinancing of the debt,” the frontrunner said at Mexico's annual banking convention in Acapulco Friday. “At the same time, the entry of Pemex into other energy sources or other types of electricity generation.” Pushing Pemex to embrace new and cleaner technologies would be a substantial shift from its traditional oil-and-gas focus under President Andres Manuel Lopez Obrador. Bondholders warn it's unlikely to succeed unless the company and government address Pemex's financial woes, slash its debt and boost flagging production. “Pe Show less Read more
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