Pemex Says 2025 Crude Oil Processing Rate Topped 1 Million b/d for First Time Since 2015

Mexican state-owned oil company Pemex said its seven domestic refineries processed an average of 1.014 million b/d of crude oil in 2025, up 12% from 2024, marking the first time since 2015 that annual average refinery throughput exceeded 1 million b/d.

The results were driven mainly by efforts to improve the reliability of Pemex’s refineries and the start of the first processing train at the company’s 340,000-b/d Dos Bocas refinery in February 2025. That was followed by the start of a second train at Dos Bocas in May and the commissioning of a new coker at the Tula refinery in June, Carlos Lechuga, the company’s director at refining processes, said on a Friday call to discuss the company’s fourth-quarter financial results.

The company said it processed 1.221 million b/d at its seven refineries in December, with Dos Bocas processing at 263,000 b/d, Tula at 221,000 b/d and Salina Cruz at 210,000 b/d.

In addition, Lechuga said the Dos Bocas refinery in December reached a processing rate as of 313,000 b/d.

Pemex also said its 2025 production averaged 355,600 b/d of gasoline, 227,800 b/d of diesel and 43,100 b/d of jet fuel, which represented respective increases of about 23%, 26.5% and 28.6% respectively.

Pemex’s production of higher value products, including gasoline diesel and jet fuel averaged 607,300 b/d last year, accounting for nearly 60% of the company’s total fuel yield.

Fuel oil production last year averaged 208,200 b/d, down more than 23% from 2024. Residual fuel oil production in 2025 accounted for just over 20% of total fuel yield, down from nearly 30% in 2024.

Pemex said its sold 673,600 b/d of gasoline in 2025, close to the 2024 average, while its diesel sales fell by about 3% year to year to an average of 248,000 b/d.

Jet fuel sales in 2025 were put at 95,500 b/d, up slightly from 93,000 b/d in 2024.

Reporting by Karla Omaña, komana@opisnet.com; Editing by Jeffrey Barber, jbarber@opisnet.com