Mexico: positioning for a transformational upstream opening in 2015 by Sandrea, I, Taylor, R

“…<p>In 1937 the government took over the petroleum industry, creating the state-owned monopoly PEMEX as the country’s sole oil and gas producing company and investor. …”

Oil subsidies in Mexico by Segal, P

“…Since then, the national oil company Pemex has been the sole producer of Mexican oil.…”

Personal commentary - Crude oil pricing formulas by Lajous, A

“…Almost 21 years ago Pemex introduced spot-related formulas for determining the price of its crude oil exports. …”