In January 2022 the Mexican government refinanced 3.2 billion dollars of Pemex debt.
In June of 2022 Pemex debt increased by an additional 84%.
I know very little about the oil industry but I can say that Pemex has been bleeding heavily since the mid-70s and each Spring the government either pays or refinances Pemex debt.
There are also problems with the distribution of the ever-continuing huachecoleo or theft of fuel and natural gas. We were promised lower prices with the elections of 2018 but that obviously has never occurred.
List of refineries.
Deer Park Refinery (Pemex) Houston, Texas 275,000 bbl/d (43,700 m³/d)
Tula Refinery (Pemex) Tula, Hidalgo 320,000 bbl/d (51,000 m3/d)
Minatitlan Refinery (Pemex) Minatitlan, Veracruz 167,000 bbl/d (26,600 m3/d)
Cadereyta Refinery (Pemex) Cadereyta Jiménez, Nuevo León 217,000 bbl/d (34,500 m3/d)
Salamanca Refinery (Pemex) Salamanca, Guanajuato 192,000 bbl/d (30,500 m3/d)
Francisco I. Madero Refinery (Pemex) Ciudad Madero, Tamaulipas 177,000 bbl/d (28,100 m3/d)
Salina Cruz Refinery (Pemex) Salina Cruz, Oaxaca 330,000 bbl/d (52,000 m3/d)
Olmeca Refinery (Pemex) Paraiso, Tabasco Under Construction, Set to open in July 1, 2022.