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Tag Results for "Petroleos Mexicanos"

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 »

Mexican Pres. Calderon Confirms that Country Has No Plan to Make Pemex Oil Public

Tuesday, the President of Mexico, Felipe Calderon clarified that rumors of the government-owned Petroleos Mexicanos (Pemex) going public are not true, but he does have plans for a second attempt at oil reform before his term ends in 2012. continue reading »

PEMEX Reporting Massive Explosion, Multiple Deaths Feared

Petroleos Mexicanos (PEMEX) is reporting an accidental explosion at one of its largest refinery’s located outside of Monterrey, Mexico. Spanish language news is reporting at least seven dead and many injured. continue reading »