Tag: Petroleos Mexicanos

Struggling Pemex receives over $4B in aid from Mexican government

Struggling Pemex receives over $4B in aid from Mexican government

Pemex to receive cash and money to pay 2016 company pensions, retirements MEXICO CITY _┬áThe 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 […]

By April 13, 2016 0 Comments Read More →
Pemex looks to expand in US, starting with 5 gas stations in Houston

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 […]

By December 3, 2015 0 Comments Read More →