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PEMEX’s Tax Contributions Decrease
By Perla Velasco - Thu, 01/12/2023 - 08:36
While PEMEX carried its own debt last year, its financial achievements appear futile in light of the financial support provided by the government
https://mexicobusiness.news/tag/fmp
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PEMEX’s Tax Contributions Undermined by Public Financial Support
By Perla Velasco - Tue, 01/10/2023 - 13:48
According to the Mexican Oil Fund (FMP), PEMEX’s contribution to its shared utility right (DUC) fell by 34 percent in December 2022.
A Transparent Middleman with a Long-Term Vision
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Mexican Petroleum Fund for the Stabilization and Development (FMP) receives, manages, and distributes government earnings from hydrocarbons activities and administrates the financial aspects of E&P contracts
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The Ministry of Energy ensures the competitive, sufficient high-quality, economically viable and environmentally sustainable supply of energy required
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The Mexican Petroleum Fund receives, manages and distributes revenues derived from oil exploration and production assignments and contracts.