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.
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.
Mexican state oil firm Pemex said it put out on Thursday a fire at its Dos Bocas refinery in southern Mexico, with no injuries reported in the second such blaze within less than a month.
The government finally admitted what it had denied for weeks: The oil spill in the Gulf of Mexico did indeed originate from Pemex facilities.
Mexican state oil company Pemex has admitted that one of its subsea pipelines caused the massive oil slick that has polluted beaches up and down Mexi...
Founded in 1938 under President Lázaro Cárdenas, Pemex was created to nationalize the Mexican oil industry, which had previously been dominated by foreign companies.
NewsNow aims to be the world’s most accurate and comprehensive aggregator of Pemex news, covering the latest stories on the Mexican multinational oil and gas company founded in Mexico City in 1938.
Days ago, Mexico’s government announced a deal to support the deteriorating finances of the state-owned oil company, Petróleos Mexicanos SA (Pemex).
It is rare for the CEO of a company to admit to being anxious. But when, on October 9th, Octavio Romero, head of Pemex, Mexico’s national oil company, appeared before lawmakers, he came close to doing ...