Issue brief looting fuel pipelines in Mexico

While Pemex was the sole player in Mexico’s oil and gas industry, gasoline theft seemed to be something of a minor problem, a localized activity controlled by a few gangs. Fuel theft, however, has grown over time—partly due to a hands-off approach embraced by Mexican authorities for years, if not decades—and has reportedly attracted the attention of more sophisticated criminal...

PEMEX: fuente de riesgo para México

A pocos días de la publicación de los estados financieros de Petróleos Mexicanos, correspondientes al 2015, vale la pena revisar el desempeño financiero al cierre del año anterior. Iniciando con la categoría de liquidez, se observa que, para el cierre del 2014, PEMEX únicamente podía cubrir 80 centavos de cada peso de su deuda a corto plazo. Desde luego que,...