With a vision of sovereignty, sustainability, and energy justice, President Claudia Sheinbaum Pardo unveiled the 2025–2035 Strategic Plan for Petróleos Mexicanos (Pemex), outlining 13 key actions to secure the company’s economic viability in the short, medium, and long term. Starting in 2027, Pemex is expected to generate enough revenue to cover its debt and invest in productive infrastructure.
During her “People’s Morning Press Conference,” the president emphasized that the plan was based on a rigorous financial and operational analysis of Pemex. The goal is to reduce the company’s debt, reach a daily oil production of 1.8 million barrels, and strengthen strategic areas such as petrochemicals, natural gas, and clean energy. “We are very proud—this is a future-driven vision for Pemex, the people’s company,” she stated.
Pemex Director General Víctor Rodríguez Padilla outlined the 13 actions in the plan, including: consolidation of oil fields, expansion of gas pipeline networks, transitioning refineries to include petrochemical operations, logistical services, lithium production, energy cogeneration, and the commercialization of renewable energies. The plan also prioritizes emissions reduction and financial strengthening to transform Pemex into a modern, environmentally responsible company.
Finance Secretary Edgar Amador Zamora presented the Comprehensive Capitalization and Financing Strategy, which includes a reduced tax burden through the Petroleum Duty for Wellbeing (set at 30%), debt reduction via Pre-Capitalized Notes (PCAP), operational improvements, institutional reinforcement, and the creation of an investment fund of up to 250 billion pesos in 2025. These measures have already yielded positive results, including an upgrade in Pemex’s credit rating by FitchRatings.
Energy Secretary Luz Elena González Escobar affirmed that Pemex is reclaiming its historic role in building energy sovereignty within the framework of the so-called “Second Floor of the Fourth Transformation.” With this roadmap, the Government of Mexico aims to rescue and renew the national energy company through a socially just, efficient, and sustainable approach for the coming decades.
