It is fully owned by the mexican government. We would like to show you a description here but the site won’t allow us. The company's oil revenues have dwindled.
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Pemex is an integrated group engaged in oil and gas exploration, production, refining and transport, as well as petrochemicals. Pemex owed its suppliers $25bn at the end of 2024, up from $7.6bn at the end of 2018. That figure represents more than 10 per cent of the company’s total liabilities.
