Is Pemex a good company to work for?
Most Participants believe the pace of work at Pemex is comfortably fast. About 67% of the employees at Pemex work 8 hours or less. Overall, the employees at Pemex are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
How much money does Pemex have?
Pemex had total assets worth $101.8 billion in December 2019 and as of 2009 was Latin America’s second largest enterprise by annual revenue, surpassed only by Petrobras (the Brazilian national oil company).
Who is the owner of Pemex?
Secretariat of Energy
Pemex/Parent organizations
Is Pemex for profit?
Mexico’s state oil company Petróleos Mexicanos (Pemex) posted a rare 14 billion-peso ($719 million) profit in the second quarter thanks to higher sales revenue.
When was Pemex privatized?
1938
The oil firms resisted both the government and the union until March 18, 1938, when President Lázaro Cárdenas (1895–1970) nationalized the Mexican assets of Shell, Standard Oil, and fifteen other foreign-owned companies. In July 1938 the Cárdenas government established Petróleos Mexicanos (PEMEX) to administer them.
Is there PEMEX in USA?
Mexican oil company Petroleos Mexicanos (Pemex) has opened its first gas station in the United States in Houston, Texas, with four more to follow later this month. The franchised stations will be self-service and not sell gas imported from Mexico.
Is Pemex losing money?
MEXICO CITY (Bloomberg) –The Texas oil refinery that Pemex is buying has racked up a rare net loss of about $360 million this year, adding to the challenges Mexico faces in seeking energy independence.
When was the Mexican oil company PEMEX created?
Petróleos Mexicanos, which translates to Mexican Petroleum, but is trademarked and better known as Pemex ( Spanish pronunciation: [ˈpemeks] ), is the Mexican state-owned petroleum company, created in 1938 by nationalization or expropriation of all private, foreign, and domestic oil companies at that time.
What do you need to know about Pemex human resources?
We view human resources as a strategic factor in developing our value chain and business processes. Pemex defines talent as simultaneously demonstrating high performance with high levels of potential. We develop our talent through teamwork and innovation.
Why did the Mexican government set up Pemex?
Pemex was established by Cárdenas’s decree of June 7, 1938. He framed expropriation as a necessary national response to the injustice of the operations of foreign companies operating on Mexican soil. Expropriation was not outright confiscation since the Mexican government promised to compensate companies.
Why is human capital important to Petroleos Mexicanos?
Petróleos Mexicanos is its employees. We recognize the need to protect and invest in our most valuable resource. That is why we invest daily in our human capital, so that we can continuously attract and develop our talent. We view human resources as a strategic factor in developing our value chain and business processes.