Who is the owner of Pemex?
Secretariat of EnergyPemex / Parent organizationThe Secretariat of Energy is the government department in charge of production and regulation of energy in Mexico, this secretary is a member of the Executive Cabinet.
The current Secretariat of Energy under Andrés Manuel López Obrador MRN is Rocío Nahle García. Wikipedia
What does Pemex stand for?
Mexican Petroleum
Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; Spanish pronunciation: [ˈpemeks]) is the Mexican state-owned petroleum company managed and operated by the Mexican government.
Who is Pemex Mexico?
Petróleos Mexicanos, byname Pemex, state-owned Mexican company, a producer, refiner, and distributor of crude oil, natural gas, and petroleum products. It is one of the largest petroleum companies in the world.
Why is Pemex so important to Mexico?
At its foundation, PEMEX became one of the world’s largest oil companies and a potent symbol of Mexican sovereignty. PEMEX was granted a monopoly not only of ownership but also of production, refining, and distribution of petroleum products within the country, permitting only very limited foreign participation.
What is the biggest oil company in Mexico?
national oil corporation Petróleos Mexicanos
In 2020, national oil corporation Petróleos Mexicanos, commonly known as Pemex, was the leading company in the Mexican oil and gas sector, based on revenue, with nearly 954 billion Mexican pesos generated.
Who owns Shell Deer Park refinery?
Pemex
A Pemex subsidiary has completed a deal with former 50-50 joint venture partner Shell PLC subsidiary Shell Oil Co. to acquire full ownership of Shell Deer Park Refining LP’s 340,000-b/d refinery in Deer Park, Tex.
How much did Pemex pay for Shell?
$596 million
Shell Oil Co., the U.S. subsidiary of Royal Dutch Shell, had owned the refinery for more than 90 years. Now, Pemex — which owned half the company — bought Shell’s 50 percent ownership for $596 million in cash and debt.