The future of  Mexico’s state-owned petroleum monopoly PEMEX (Petróleos Mexicanos)  is under consideration in Mexico.  It might be valuable to compare and contrast PEMEX with other state oil companies worldwide.

Most oil worldwide is controlled by state-owned oil companies.  Most of them allow forms of private investment and partnership with private companies.  With PEMEX, on the other hand, private investment is very limited.  Could this change?  

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Article by Allan Wall, published November 18th, 2013, on

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