Deer Park Refinery Faces First Annual Loss Under Pemex - Pulse News Mexico

Deer Park Refinery Faces First Annual Loss Under Pemex - Pulse News Mexico

PEMEX Deer Park. Photo: Shell By KELIN DILLON In turn of events in line with Mexican state-owned oil company Petróleos Mexicanos’ (Pemex) recent financial woes, the Deer Park refinery, operated by Pemex in Texas, reported its first annual loss in 2024, with a net deficit of 860 million pesos. This contrasts sharply with its performance

In the first two years of the Deer Park refinery under the Mexican Petroleum Administration (Pemex) did not report losses, but in 2024 the facilities located in Texas, United States, recorded their first red numbers, according to oil figures.During 2024, the facilities in Texas reported a net loss of 860 million pesos.TE MAY INTEREST: They reveal that the government of Michoacan with Silvano Aureoles committed alleged damage to the treasuryOne y…

In the 2018-2024 period, Pemex Exploration and Production’s annual operating performance fell 39%, while the payment of oil fees and taxes to public finances fell 73%. How was the evolution of the financial situation of Mexican Petroleum during the past six years and what was its budgetary impact? Dr. Francisco Barnés de Castro does an X-ray of Pemex’s numbers in his different business areas, following the implementation of a public policy aimed…