Luy’s Lines
Where Did All the Money Go?
Read moreTag Archives: Petróleos Mexicanos
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 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
Read moreLuy’s Lines
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
Read moreMexico Pumps Another 47 Million Pesos into Dos Bocas
Dos Bocas originally received 46.2 billion pesos in the construction budget for the year 2019, 45.5 billion pesos in 2020, 113.7 billion pesos in 2021 and 60.9 billion pesos in 2022, with an additional 47.2 billion pesos now allotted to the project for 2023
Read more