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​​An affiliate is a company in which Pemex directly or indirectly holds more than fifty percent of its capital stock, regardless of whether it is incorporated under Mexican or foreign law, in accordance with Article 61 of the Law of Petróleos Mexicanos.

To carry out auxiliary activities through Affiliate Companies that allow Pemex and its Subsidiary Productive Companies to concentrate on their core business and have a corporate structure (participation in private companies) that provides legal protection mechanisms, as well as to leverage international participation schemes and flexibility to adapt to the market.

Affiliate companies according to their activity, operation or service:
  • Trading companies: crude oil, petroleum products, natural gas, LP gas, and fertilizers.
  • Services: administration, operation and accounting of other companies.
  • Infrastructure: pipelines, plants, refineries
  • Holding companies: shareholding in other companies
  • Others: reinsurance and real estate

List of Affiliated Companies
Última modificación 5/21/2024 7:22 PM