Mexico oil company hasn’t reported positive results since 2012 Pemex had plant explosion, received capital injection in 2Q Petroleos Mexicanos added to more than three years of losses as a cash injection from the government wasn’t enough to overcome the pinch of record-low crude output, refinery upsets and a petrochemical plant explosion. The second-quarter deficit narrowed to 83.5 billion pesos ($4.42 billion), from 84.6 billion pesos during the same period a year earlier , according to a filing sent to the Mexican Stock Exchange. The result adds on to $59 billion of losses since 2012. Crude production at Pemex, as the company is known, fell 2.2 percent from a year earlier to 2.176 million barrels a day, following a budget reduction in the first quarter that crimped the company’s exploration spending. Pemex’s refineries, which lose more than 100 billion pesos each year, continued to be hampered by outages during […]