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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 Mexican Petroleum Institute [2] (in Spanish: Instituto Mexicano del Petróleo, IMP) is a public research organization dedicated to developing technical solutions, conducting basic and applied research and providing specialized training to Pemex, the state-owned government-granted monopoly in Mexico's petroleum industry.
Liquefied gas Horton tanks similar to the six spherical tanks involved in the San Juanico disaster LPG bullet tanks. There were 48 tanks of this type in the Pemex plant. Note how this modern installation incorporates some of the lessons learned from San Juanico: an uncongested, well ventilated area, with the horizontal tanks in a parallel cluster configuration, which minimizes the effects of ...
Fuel theft from pipelines owned by Pemex, the state oil company, has been a long-term problem in Mexico. [2] [3] The problem worsened in the 2010s as organized crime groups in Mexico began including gasoline theft as part of their main streams of revenue.
Mexico had numerous laws that subsidize oil, until c. 2017. PEMEX, a government company in charge of selling oil in Mexico is subsidized by the Mexican government. This serves to quell inflationary pressures in Mexico. Mexico buys much of its gasoline and diesel from the United States and resells it at US$98 per barrel.
On 31 January 2013 in Mexico City, an explosion caused by a gas leak occurred beneath Building B-2 at the Torre Ejecutiva Pemex (Pemex Executive Tower), a skyscraper complex that is the headquarters of Pemex, the Mexican state oil company. [1]
Pemex had essentially become the government's tool to promote Mexico's development through economic and social initiatives. Pemex is significantly affected by the Mexican constitution and other laws, which prevents it from pursuing domestic joint ventures or other equity related contracts that threaten Mexico’s patrimony.
Occidental Chemical plant in Kansas. Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.