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Petróleos Mexicanos (PEMEX) not only fuels Mexico's automobile engines, the state-owned oil company also fuels the nation's economy, accounting for some one-third of the Mexican government's revenues and about 7% of its export earnings. The integrated company's operations, spread throughout Mexico, range from exploration and production to refining and petrochemicals. PEMEX's P.M.I. Comercio Internacional subsidiary manages the company's trading operations outside the country. PEMEX has estimated proved reserves of 14.7 billion barrels of oil equivalent. In 2007 PEMEX produced about 3.1 million barrels of crude oil per day.
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| | | Contact Information | |
Address: |
Avenida Marina Nacional 329, Colonia Huasteca
11311 México, D.F., Mexico
| | Phone: | +52-55-1944-2500 | | Fax: | +52-55-1944-9378 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2006): | 104644.70 M | | Revenue Growth (1 yr): | 19.90% | | Employees (2006): | 141,275 | | Employee Growth (1 yr): | 1.50% |
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Key People
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Director General:
Jesús Reyes Heroles
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CFO:
Esteban Levin Balcells
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Corporate Director Operations:
Raúl A. Livas Elizondo
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