Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Pemex seeking partners in all areas to boost competitiveness

Mexican state-owned oil giant Petroleos Mexicanos said Tuesday it is looking to forge partnerships and associations with domestic and foreign oil companies in a bid to bolster its competitiveness.

"What we're looking to do is to promote synergies between Petroleos Mexicanos and its suppliers, contractors, partners and technologists - as well as with higher education institutions - throughout the oil industry value chain," Pemex CEO Emilio Lozoya said.

He recalled at the opening of the second edition of Pemex's Expo Foro that the goal of last year's energy overhaul was to turn the oil company into "a lucrative . . .

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