Ex-CEO of Pemex Arrested for “Looting Mexico” by Nick Corbishley • Feb 15, 2020 • 75 Comments Now attention is switching to former President of Mexico Peña Nieto.
“Largest Foreign Bribery Case in History” Claims New Scalp: Former Pemex CEO by Don Quijones • May 30, 2019 • 21 Comments His lawyer suggests if the price is too high, he may be willing to take his friend, former president of Mexico, down with him.
Time’s Running Out for World’s Most Indebted Oil Company by Don Quijones • Mar 10, 2019 • 23 Comments US rating agencies pressure Pemex and the new Mexican government. But Pemex is too big to fail.
Mexico Kicks Off War on its Vast Black Market for Oil by Don Quijones • Jan 1, 2019 • 18 Comments “It’s not easy to distribute and sell the pilfered contents of 600 pipelines each and every day.”
Gangs of Oil Thieves Expand Their Business Model by Don Quijones • Sep 17, 2018 • 13 Comments Systematic “Petro-Plunder,” as we’ve come to call it, eats into Mexico’s energy sector.
Petro-Plunder Rages in Mexico, Costs Surge by Don Quijones • Mar 12, 2018 • 24 Comments Just as the gasoline market is opened to competition, Mexico becomes one of the worst places in the world for fuel theft.
