Tag: Petroleos Mexicanos
Struggling Pemex receives over $4B in aid from Mexican government
Pemex to receive cash and money to pay 2016 company pensions, retirements MEXICO CITY _ The government announced more than $4 billion in aid Wednesday for state oil company Petroleos Mexicanos, whose finances, production and exploration projects have been hit by the fall in crude prices. The package will include a direct infusion of $1.5 billion […]
Pemex looks to expand in US, starting with 5 gas stations in Houston
Pemex starting in Houston because of city’s high Latino population MEXICO CITY _ Mexico’s state-owned oil company says it will open five gas stations in Houston, Texas, as part of an experiment in expanding its presence in the United States. Petroleos Mexicanos is better known as Pemex, a brand that is seen on all gas […]
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