What Does Pemex Do?

Total employees99031
HeadquartersCiudad de México
Founded1938

Petróleos Mexicanos (Pemex) is Mexico's national oil and gas company, a state-owned enterprise founded in 1938. It is one of the largest companies in Latin America, engaged in the exploration, production, refining, transportation, storage, distribution, and commercialization of crude oil, natural gas, and petroleum products. Pemex plays a critical role in the Mexican economy and energy security, managing the nation's vast hydrocarbon resources and contributing significantly to public finances.

Where Is Pemex's Headquarters?

HQ Function

Serves as the central administrative, strategic planning, and corporate decision-making hub for all of Pemex's diverse operations across the oil and gas value chain.

Notable Features:

The Pemex Executive Tower is an iconic skyscraper in Mexico City, one of its tallest buildings. Designed by architect Pedro Moctezuma, it is known for its distinctive architecture and resilience, having withstood the 1985 Mexico City earthquake. It features extensive office space and facilities to support Pemex's large workforce and complex operations.

Work Culture:

The work culture at Pemex headquarters is generally characterized by a formal, structured, and hierarchical environment, typical of large, long-established state-owned enterprises. There is a strong emphasis on adherence to procedures, national service, and long-term career development within the organization. Teamwork and collaboration are essential for managing the complex, large-scale projects undertaken by the company.

HQ Significance:

The headquarters symbolizes Mexico's sovereignty over its oil resources and stands as a testament to the nation's industrial capabilities in the energy sector. It is a critical hub for decisions impacting Mexico's economy, energy policy, and international energy relations.

Values Reflected in HQ: The imposing structure and its central role reflect values of national ownership of strategic resources, industrial strength, energy self-sufficiency, and a commitment to powering Mexico's development.

Location:

Pemex's core operations are concentrated within Mexico, encompassing the entire oil and gas value chain from exploration and production to refining, petrochemicals, logistics, and domestic marketing. Its international presence is primarily managed through its trading arm, PMI Comercio Internacional, S.A. de C.V. (PMI). PMI is responsible for the international commercialization of Mexican crude oil, petroleum products, and petrochemicals, as well as sourcing necessary imports. PMI operates globally with offices or representatives in key energy trading hubs to facilitate these international transactions and relationships, ensuring Pemex's integration with global energy markets.

Street Address:

Av. Marina Nacional 329, Verónica Anzures, Miguel Hidalgo

City:

Ciudad de México

State/Province:

CDMX

Country:

Mexico

Where Else Does Pemex Operate Around the World?

Villahermosa, Tabasco, Mexico

Address: Paseo Usumacinta S/N, Col. El Espejo II, 86035 Villahermosa, Tabasco, Mexico (Illustrative for Pemex regional offices/complexes)

Coordinates and supports extensive upstream operations, including drilling, production, and initial processing from the oil-rich fields in Tabasco, Chiapas, and the shallow waters of the Gulf of Mexico (e.g., Sonda de Campeche).

Ciudad del Carmen, Campeche, Mexico

Address: Various operational offices and logistical bases, e.g., Calle 25, Puerto Industrial Pesquero Laguna Azul, 24140 Ciudad Del Carmen, Campeche, Mexico (Illustrative for logistical hubs)

Provides essential logistical support, marine services, personnel transportation, and supply chain management for offshore platforms and exploration efforts in the Gulf of Mexico.

Salamanca, Guanajuato, Mexico

Address: Refinería Ing. Antonio M. Amor (RIAMA), Tierra Fría S/N, Col. Obrera, 36720 Salamanca, Guanajuato, Mexico

Focuses on downstream operations, processing crude oil into gasoline, diesel, jet fuel, and other petroleum products for distribution in central Mexico.

Buying Intent Signals for Pemex

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Pemex? Meet the Executive Team

As of April 2025, Pemex' leadership includes:

Octavio Romero Oropeza - Director General (Chief Executive Officer)
Carlos Fernando Cortez González - Director Corporativo de Finanzas (Chief Financial Officer)
Marcos Manuel Herrería Alamina - Director Corporativo de Administración y Servicios (Chief Administration and Services Officer)
Ángel Cid Munguía - Director General de Pemex Exploración y Producción (CEO of Pemex Exploration and Production)
Jorge Luis Basaldúa Ramos - Director General de Pemex Transformación Industrial (CEO of Pemex Industrial Transformation)
Javier Emiliano González del Villar - Director General de Pemex Logística (CEO of Pemex Logistics)
Ulises Hernández Romano - Encargado de Despacho de la Dirección General de PMI Comercio Internacional (Acting CEO of PMI International Trading)

Who's Investing in Pemex?

Pemex has been backed by several prominent investors over the years, including:

The Mexican Government (Estado Mexicano) - Pemex is a state-owned productive enterprise of the Federal Government of Mexico.

What Leadership Changes Has Pemex Seen Recently?

Hire1
Exits1

In the past year, Pemex experienced a significant leadership change in its finance division with the departure of the CFO and the subsequent appointment of an internal candidate to the role. Other top executive positions have largely maintained stability during this period.

Departures

Alberto Velázquez García, Alberto Velázquez García resigned from his role as Chief Financial Officer.

New Appointments:

Carlos Fernando Cortez González, Carlos Fernando Cortez González was appointed as the new Chief Financial Officer, promoted from his prior role as Subdirector of Budget and Accounting within Pemex.

What Technology (Tech Stack) Is Used byPemex?

Discover the tools Pemex uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Pemex Email Formats and Examples

Pemex typically employs standardized corporate email formats for its employees, usually combining parts of an employee's name with the '@pemex.com' domain. Common patterns include [first name].[last name] or [first initial][last name]. These formats facilitate official communication both internally and externally.

[first].[last]@pemex.com

Format

nombre.apellido@pemex.com

Example

70%

Success rate

What's the Latest News About Pemex?

ReutersApril 26, 2024

Pemex posts Q1 profit on lower sales, production

Mexican state oil company Pemex reported a first-quarter net profit of 4.68 billion pesos (approx. $275 million), a significant decrease from the year-earlier period. The results were impacted by lower sales revenue and crude oil production, although somewhat offset by positive effects from currency exchange gains and tax benefits....more

BNamericasMay 15, 2024

Pemex eyes new strategy for deepwater Zama field

Pemex is reportedly reconsidering its development strategy for the Zama shallow-water oilfield, a significant discovery shared with Talos Energy. The company is exploring options to optimize production and potentially accelerate development timelines for this key asset....more

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