A Pemex petrochemical complex exploded. The explosion at the Pajaritos Petrochemical Complex in Veracruz left at least 24 dead, 136 injured (13 of them seriously), and triggered the evacuation of more than 2,000 people (Spanish) (Spanish). The cause of the blast at the chloroethene plant, which produced a toxic cloud, was a leak (English).

 

Pemex still owes 1,560 companies. The state-owned company owes MXN110bn to 1,560 suppliers and contractors (Spanish). According to the company's Corporate Finance Division,  most of the liabilities accumulated since 2009 are related to Pemex's health services and payments due to institutions as Bankers’ and Industrialists’ clubs.

 

Mexico joined the talks about an oil production freeze, but they collapsed. Saudi Arabia and Iran disagreed over the production freeze, causing the negotiations to collapse (English). Mexico joined 17 other nations for separate discussions aimed at freezing production at January levels to stabilize prices (English).

 

Dirty gasoline in dirty pipelines. According to the Mexican Institute for Competitiveness, gasolines sold by Pemex in Mexico have up to three times  more sulfur than those sold  in the US (Spanish). The Energy Regulatory Commission (CRE) is developing regulations for the quality of gasoline and standards of cleanliness for pipelines to prevent contamination of fuel.

 

 

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