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El Financiero
2026-07-21
Pemex Refineries Show Significant Asset Deterioration Amid Operational Issues
Pemex reported a substantial increase in asset deterioration, reaching 14.3 billion pesos in Q1 2026, up from 5.6 billion pesos in Q1 2025. This rise is attributed to unplanned refinery shutdowns and reduced raw material supply, impacting net losses.