Energy Key Facts —The low. Pemex exploratory drilling in early 2026 fell to its weakest level in about 29 years. —The number. The company completed just one exploratory well in the first quarter of the year. —The contrast. Over the same stretch it drilled 24 development wells to squeeze existing fields. —The stakes. Exploration replaces […] The post Pemex Has All but Stopped Looking for New Oil, and That Should Worry Investors appeared first on The Rio Times.