Petroleos Mexicanos (PEMEX) is a state-owned integrated oil and gas company. It operates across the value chain of the oil and gas industry, from exploration and production to processing, logistics, and marketing. The company also produces and distributes a wide range of petrochemical products. PEMEX owns and operates oil refineries, petrochemical and gas processing complexes, land and maritime terminals, oil and gas pipelines, maritime vessels, and a fleet of road transportation. The company sells gasoline and diesel in the domestic market through gas service stations under the PEMEX brand. It also exports crude oil, natural gas, petroleum, and petrochemical products to international markets. PEMEX is headquartered in Mexico City, Mexico.
Headquarters
Mexico
Address
Avenida Marina Nacional No. 329, C3, Col. Veronica Anzures, Mexico City, 11311
Website
www.pemex.com
Telephone
52 55 19442500
No of Employees
123,842
Industry
Energy and Utilities
Revenue (2021)
$73.8B
Petroleos Mexicanos premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Pipeline Transportation |
| Natural Gas | Terminaling |
| Refined products: | Logistics |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In November, the company entered into agreements with New Fortress Energy to develop and operate an integrated upstream and natural gas liquefaction project off the coast of Veracruz in Mexico. |
| 2022 | Regulatory Approval | In November, the company secured approval from National Hydrocarbons Commission to develop once-abandoned Lakach deepwater gas field. |
| 2022 | Contracts/Agreements | In July, the company and New Fortress Energy Inc signed an agreement to complete Lakach Offshore Gas Field and deploy FLNG solution. |
Competitor Comparison
| Key Parameters | Petroleos Mexicanos | Exxon Mobil Corp | Shell plc | TotalEnergies SE | Chevron Corp |
|---|---|---|---|---|---|
| Headquarters | Mexico | United States of America | United Kingdom | France | United States of America |
| City | Mexico City | Irving | London | Paris | San Ramon |
| State/Province | Mexico | Texas | Greater London | Ile-de-France | California |
| No. of Employees | 123,842 | 63,000 | 82,000 | 101,309 | 42,595 |
| Entity Type | Government | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Norma Rocio Nahle Garcia | Chairman | Executive Board | 2018 | 57 |
| Octavio Romero Oropeza | Chief Executive Officer | Senior Management | 2019 | 62 |
| Alberto Velazquez Garcia | Chief Financial Officer; Corporate Director of Finance of Pemex | Senior Management | 2018 | 51 |
| Victor Manuel Navarro Cervantes | Director - Planning, Coordination and Performance | Senior Management | 2018 | 58 |
| Marcos Manuel Herreria Alamina | Director - Management and Services | Senior Management | 2019 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward