Luy’s Lines
Where Did All the Money Go?
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Pemex Profit Falls 54 Percent in First Quarter of 2023
According to the state-owned oil giant, the drop in profit is the result of a decrease in total sales, the increase in the impairment of fixed assets and the lower income from the resale of products.
Read moreNuevo León Threatens Closure of Pemex Cadereyta Plant
In December 2020, the same refinery suffered two gas explosions, causing injuries to five people
Read moreItalian Company Finds Vast Oil Reserves in Gulf of Mexico
The Italian company Eni announced the discovery Friday by its Yatzil-1, approximately 65 kilometers from the coast
Read morePemex: What’s There to Celebrate?
The cow has run dry and is no longer producing milk
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The Mexican Government’s Struggle to Curb Fuel Theft
Read moreLozoya Heads to Trial after Reparation Deal Falls Through
Lozoya is being accused of allegedly having received bribes of up to $10.5 million from the Brazilian company Odebrecht
Read moreThe Road Ahead for the ‘Tres Amigos’
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read morePemex Benefits from Gas Subsidy, Tax Returns
Back in March of last year, when the gasoline subsidy was approved, the CIEP already warned that Mexico could lose as much as 554 billion pesos — 2 percent of the country’s gross domestic product (GDP) — as a result of the policy
Read morePemex Reports Three Fires in a Single Day
At least five people were reported missing after a fire at a storage facility in Veracruz sent three others to a hospital
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