At the end of 2020, the investment budget of the federal government of Mexico in the fertilizer production reached 3,340 million pesos and for the year 2021 there are around 2,685 million pesos approved. What facts are in the context of investment in fertilizer production? To begin with,
Pemex has 19 clients in five countries for oil exports and imports in the world, according to information from the government of Mexico. In 2020, crude oil exports increased in volume 1.5%, from 1 million 103,300 barrels per day in 2019 to 1 million 119,900 barrels per day
Deer Park produces 110,000 barrels per day of gasoline and 90,000 barrels per day of diesel, according to information from the Mexican government. First of all, Pemex signed an agreement to purchase 50,005% of Shell’s stake in the Deer Park refinery, located in Houston, Texas. Therefore, Pemex will
Pemex operates 64% of gas stations under the franchise format in Mexico, according to data from the federal government as of December 2020. These gas stations are supplied by Pemex Transformación Industrial, a subsidiary of Pemex. The other 36% of the service stations operated under brands other than
The French company Eutelsat lost a SATMEX case against Mexico under the Mexico-France BIT. In a statement, the Ministry of Economy reported that on September 15, an international court decided to dismiss a claim greater than 120 million dollars presented by Eutelsat. The case was established in accordance
The World Economic Forum (WEF) will be held in Davos, Switzerland, from January 17-21, 2022. The WEF is an independent organization that provides a neutral platform for informal interaction between the world’s most influential decision makers and opinion leaders. Likewise, established in 1971, the WEF is the international