Mexico's ubiquitous Pemex gas stations now have competition along the country's highways and city streets for the first time in nearly eight decades.
Two companies have collectively opened three gas stations under their own brands, breaking one of the state-owned petroleum company's last monopolies. Opening the retail sector to competition was part of energy reforms passed in 2014.
Mexico's Hidrosina opened a re-branded Pemex gas station under its own name this week in Mexico City and Mexican company La Gas opened a station in Campeche and another in Merida. Both will sell Pemex gasoline . . .
