Overview
- Pemex averaged 1.635 million bpd of hydrocarbon liquids in 2025, down about 7% year over year, with crude alone at 1.36 million bpd, the lowest on record, missing the 1.8 million bpd government target.
- In December 2025, liquids output reached 1.66 million bpd, marking the first annual monthly increase after nearly two years of declines.
- Crude exports averaged about 581,000 bpd in 2025, the lowest in company records, with export revenues falling 38% to $12.95 billion and December shipments sliding to 367,830 bpd, the weakest since at least 1990.
- The refining system processed roughly 1.014 million bpd for the year, up 12% versus 2024, as the Olmeca refinery ramped to 263,402 bpd in December and fuel production rose 34%, while gasoline and diesel imports fell to their lowest levels since 2009.
- Pemex reported 1,148 anonymous tips in 2025 that led to securing 342,518 liters of stolen fuel, locating 221 clandestine taps and disrupting illicit sites and cyber frauds through coordinated actions with federal authorities.