Pemex CEO Faces Daunting Challenge as He Takes the Helm of Inefficient Oil Giant

In a significant corporate leadership change, the new CEO of Petroleos Mexicanos (Pemex), Mexico's state-owned oil company, has found himself at the forefront of a monumental task: rehabilitating one of the most inefficient oil companies in the world. This transition comes at a time when the Mexican oil industry is navigating through turbulent waters marked by operational setbacks, financial troubles, and a declining production landscape.

Continue reading