Corporate Strategy

Pemex Strategy Leans Deeper Into Refining

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Felix Marquez/AP
  • Plans by Pemex to intensify its focus on domestic refining are set to deepen already-profound challenges at the company.
  • Technical difficulties with refineries old and new will inhibit Pemex’s output goals.
  • The focus on the company’s loss-making downstream segment will hurt its balance sheet and bottom line.

The Issue

Topics:
NOCs, Corporate Strategy , Refining
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