Pemex was fined over pollution again… The National Agency of Industrial Security and Environmental Protection (ASEA) fined the state-owned company MXN2.5m for polluting the air of Salamanca (Spanish). State Governor  Miguel Márquez announced that Pemex will keep on being penalized for the refinery's emissions in Guanajuato (Spanish).

 

…and is under scrutiny over layoffs.  More than 4,300 former workers filed suits  against Pemex with the Labor Ministry (Spanish). Pemex is trying to resolve the claims quickly to avoid payments in the millions as happened in previous years. Between 2011 and 2014, the state-owned company paid MXN127m to fired workers.

 

If steel goes up, so do Pemex's expenses. Mexican official restrictions on steel imports will affect the delivery schedule and costs of construction in projects of the state-owned company. Pemex and CFE will have to pay 70% more for steel products due to the certification of origin required by the Economy Ministry (Spanish).

 

More headaches for Lozoya. When Lozoya was Pemex's CEO, his father allegedly bought a flat worth MXN28.4m from a shareholder of Grupo Hidrosina, Mexico’s biggest gas station operator, creating a possible conflict of interest for the former Pemex chief (Spanish). Lozoya's father denies the acquisition (Spanish).

 

 

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