Internal assessment reveals Pemex lacks expertise in refining business

Internal assessment reveals Pemex lacks expertise in refining business
WESPECH PTE LTD
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03.06.2021

MOSCOW (MRC) -- Before Petroleos Mexicanos (Pemex) surprised the oil industry last week with plans to take full control of a refinery in Texas, an internal assessment by the Mexican state oil company had concluded it lacked expertise in the refining business, reported Reuters.Pemex's domestic refining operations have long racked up losses, and the 2019 internal assessment seen by Reuters

Full article at mrcplast.com

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