Pemex will partner with major international oil companies to operate gas stations in Mexico and other parts of the world, with the foreign brands or with its own brand (Pemex franchise).
Part of Pemex’s business strategy lies in transforming PMI — Pemex’s commercial arm — into a global player that will no longer be exclusive to the brand itself, but will continue to maintain it as a priority.
Pemex´s President, José Antonio González Anaya said that if the firm uses the Energy Reform´s advantages, it could become the largest Oil-Firm in Latin America.
Pemex will invest US$54.3M to extract unconventional oil in five onshore areas, in Veracruz. The National Hydrocarbons Commission (CNH) authorized it, in an extraordinary session, according to Forbes México.
José Antonio González Anaya, Director of Pemex, recognizes that the new fields’ discovery in the Gulf of Mexico do not solve the difficult financial situation of the company, but he mentioned that it is a beginning to rebuild the firm, according to El Universal.