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Pemex
CompanyQ871308· pop 33· linked from 847 articles

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

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

Research organization · ROR

Type
Company
Founded
1938
Location
Mexico City, Mexico
Status
Active

GRID grid.502779.e · ISNI 0000 0004 0633 6373

Wikidata facts

Employees
138215
Revenue
125943900000
Image
Pemexgasstation.jpg
Show 7 more facts
Commons category
Pemex
inception
1938-01-01
net profit
-32887147467.62
social media followers
894423
short name
PEMEX
native label
Petróleos Mexicanos
reporting mark
PMEX
Sources (8)

via Wikidata · CC0

~19 min read

Article

11 sections
Contents
  • 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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