Institution
Pemex
Pemex (Petróleos Mexicanos) is Mexico's state oil company, created in 1938 after President Lázaro Cárdenas expropriated the foreign oil companies. It held a monopoly over oil production for most of its history, and its revenues long financed a large share of the federal budget. Discoveries such as the Cantarell field made it one of the world's largest oil producers.
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Cite this entry
- APA
- The Epoch Institute. (2026). Pemex. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/pemex
- MLA
- “Pemex.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/pemex. Accessed .
- Chicago
- The Epoch Institute. “Pemex.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/pemex.
- Harvard
- The Epoch Institute (2026) ‘Pemex’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/pemex (Accessed: ).
Last reviewed October 2026Random entry ↻