Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; Spanish pronunciation: [ˈpemeks]) is the Mexican state-owned petroleum corporation managed and operated by the Mexican government.

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Oct 12, 2023 · Pemex has been the world’s most indebted oil company for several years. Its debt is over $100bn, equivalent to 8% of Mexico’s GDP. While Pemex’s exploration and production arm is profitable...

3 days ago · Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal to develop the country's first deepwater natural gas field, five sources ...

Dec 23, 2024 · Mexican state energy company Pemex is working with the country's finance ministry to pay suppliers over the next three months, President Claudia Sheinbaum said on Monday, without specifying the...

Jan 20, 2025 · Petroleos Mexicanos (Pemex), state-owned Mexican company, a producer, refiner, and distributor of crude oil, natural gas, and petroleum products. One of the world’s largest petroleum companies, it has long been a major source of federal revenue, though that contribution declined greatly in the 21st century.

Apr 26, 2024 · Mexico’s presidential campaign has certainly cast light on the pressing need to address Pemex woes. As citizens go to the polls on June 2 to elect a new leader, it is important to look at Pemex with a forward-thinking strategy that prioritizes objectives concerning profitability and sustainability.

Oct 11, 2024 · U.S. and Mexican investigators have begun probes of a fatal chemical leak at a Houston area oil refinery on Thursday owned by Mexico's state oil firm Pemex, officials said on Friday.

Nov 12, 2024 · Pemex is an integrated group engaged in oil and gas exploration, production, refining and transport, as well as petrochemicals. It is fully owned by the Mexican government and explores for and produces oil and gas in Mexico only.

Dec 3, 2024 · Pemex’ strategy represents a robust opportunity for foreign investors seeking exposure to Mexico’s evolving energy sector. With clear objectives for financial efficiency, production growth, and sustainability, the plan aligns somewhat with global energy trends and looks to reinforce Mexico’s pivotal role in North American energy security.