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Pemex
Sign in to savePemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; ) is the Mexican state-owned petroleum corporation managed and operated by the Mexican government. It was formed in 1938 by nationalization and expropriation of all private oil companies in Mexico at the time of its formation, making PEMEX an enduring symbol of Mexican nationalism. Pemex had total assets worth $101.8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras (the Brazilian national oil company). The company is
Key facts
- Company.name
- Petróleos Mexicanos
- Company.logo
- Logo Petróleos Mexicanos.svg
- Company.logo_size
- 190
- Company.type
- State-owned corporation
- Company.founder
- Lázaro Cárdenas government
- Company.key_people
- (CEO)
- Company.industry
- Oil and gas
- Company.products
- Fuel, natural gas and other petrochemicals
- Company.revenue
- US$ 96.979 billion (2023)
- Company.net_income
- US$ 9.204 billion (2023)
- Company.assets
- US$ 136.068 billion (2023)
- Company.equity
- US$ 97.635 billion (2023)
- Company.owner
- Mexican Government
- Company.num_employees
- 128,616 (2023)
- Company.location
- Mexico City, Mexico
via Wikipedia infobox
Article
11 sectionsContents
- History
- Operation
- Exploration
- Financial status
- Incidents and controversies
- Incidents
- Controversies
- Corruption
- See also
- References
- External links
Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; ) is the Mexican state-owned petroleum corporation managed and operated by the Mexican government. It was formed in 1938 by nationalization and expropriation of all private oil companies in Mexico at the time of its formation, making PEMEX an enduring symbol of Mexican nationalism. Pemex had total assets worth $101.8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras (the Brazilian national oil company). The company is the seventh most polluting in the world according to The Guardian.
== History ==
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Categories
Automotive fuel retailersCompanies based in Mexico CityEnergy companies established in 1938Government-owned companies of MexicoHolding companies of MexicoMexican brandsMexican companies established in 1938MonopoliesNational oil and gas companiesNon-renewable resource companies established in 1938Oil and gas companies of MexicoPemex