Pemex reform efforts in Mexico hobbled by oil slump
Tuesday, February 2, 2016
![](https://www.centralamericalink.com/storage/images/2017/02/07/201602021047590.PemexRefinery.jpg)
Falling crude oil production, falling refined product output and falling income have led many to believe that the sky is falling on Mexico’s state-owned oil company Pemex.
The perilous situation for Mexico’s energy industry — and Pemex is Mexico’s energy industry — has not been lost on officials who are trying to reform the company and, by extension, the nation’s energy landscape.
Source: Platts