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Tag Results for "Mexico Pemex"

Mexican President Peña Nieto Says No To Privatizing PEMEX

State-owned oil giant Petroleos Mexicanos, or Pemex, will not be privatized and the public should be wary of those who seek to "mislead or confuse" this issue, President Enrique Peña Nieto said. continue reading »

Mexico’s Pemex Ends 2011 with Net Loss of $6.5 Billion

State oil monopoly Petroleos Mexicanos, Mexico's largest company, said it posted a net loss of $6.5 billion in 2011, a 103 percent increase over 2010. continue reading »

Mexico’s Pemex Sues U.S. Companies Over Fuel Stolen and Sold By Drug Gangs

Eleven U.S. companies are being sued by Mexico’s state-run oil company Pemex for purchasing as much as $300 million worth of fuel they say was stolen by drug cartels and smuggled across the border to America. continue reading »