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Why is Pemex in trouble Mexico?

MEXICO CITY, April 21 (Reuters) - Mexico's cash-strapped state oil firm Petroleos Mexicanos (Pemex) is under pressure to resume financial debt repayments despite promises from President Andres Manuel Lopez Obrador that his government would pay them until 2024.

Is Pemex in the US?

MEXICO CITY (AP) \u2014 Mexico's state-owned oil company says it will open five gas stations in Houston, Texas, as part of an experiment in expanding its presence in the United States. Petroleos Mexicanos is better known as Pemex \u2014 a brand that is seen on all gas stations in Mexico.

What country owns Pemex?

Petróleos Mexicanos. 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.

Is Pemex owned by the government?

MEXICO CITY, April 21 (Reuters) - Mexico's cash-strapped state oil firm Petroleos Mexicanos (Pemex) is under pressure to resume financial debt repayments despite promises from President Andres Manuel Lopez Obrador that his government would pay them until 2024.

Why is Pemex in Mexico in trouble?

MEXICO CITY, April 21 (Reuters) - Mexico's cash-strapped state oil firm Petroleos Mexicanos (Pemex) is under pressure to resume financial debt repayments despite promises from President Andres Manuel Lopez Obrador that his government would pay them until 2024.

Why is Pemex in trouble Mexico?

Action. Pharmacology: Pemetrexed is a folate analog metabolic inhibitor that exerts its action by disrupting folate-dependent metabolic processes essential for cell replication.

Is Pemex owned by the Mexican government?

Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; Spanish pronunciation: [\u02c8pemeks]) is the Mexican state-owned petroleum company managed and operated by the Mexican government.

Who owns the Mexican oil industry?

Pemex is Mexico's state-owned petroleum company and, for decades, was the sole supplier of all commercial gasoline (petrol/diesel) stations in the country. Cantarell Field is the largest oil field in Mexico and one of the largest in the world producing.

Is Pemex a public company?

Founded in 1938 after the nationalisation of the petroleum industry which removed all private foreign and domestic companies, Pemex is now the world's second largest non-publicly listed company by total market value.

Who is the owner of Pemex?

Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; Spanish pronunciation: [\u02c8pemeks]) is the Mexican state-owned petroleum company managed and operated by the Mexican government.

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