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From 1977 to 1980, Pemex received $12.6 billion in international credit, representing 37% of Mexico's total foreign debt but nevertheless used the money to construct and operate offshore drilling platforms. Pemex further expanded by building onshore processing facilities, enlarging its refineries, and
Pemex was blamed for a series of 1992 gas explosions in Guadalajara. [52] On September 19, 2012, an explosion at the Pemex gas plant in Reynosa, Tamaulipas killed 30 and injured 46 people. Pemex Director Juan Jose Suarez said that there was "no evidence that it was a deliberate incident, or some kind of attack". [53] [54] [55]
The Pemex Executive Tower (Spanish: Torre Ejecutiva Pemex) is an office skyscraper in Mexico City. The 211-metre (692 ft) international style tower was built between 1979 and 1984. Since the building's opening, it has been occupied by state-owned Pemex , one of the largest petroleum companies in the world.