Corporate Strategy

Pemex Strategy Leans Deeper Into Refining

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
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

NOCs, Corporate Strategy , Refining
Wanda Ad #2 (article footer)
The US major's purchase of DJ Basin-focused PDC Energy promises capital-efficient growth with a declining carbon-intensity footprint.
Tue, May 30, 2023
Mexican regulators approved the joint field development plan for the offshore Zama field on Thursday, a major step forward for the promising oil find.
Thu, Jun 1, 2023
The state oil company said its low-carbon spending would represent as much as 15% of its capex in 2024-28, potentially a big increase from current levels.
Thu, Jun 1, 2023