Did Pemex Buy Shell?

Its partner, Petroleos Mexicanos, or Pemex, will buy Shells 50.5 percent ownership for $596 million in cash and debt, the companies said Monday. ... The deal, spurred by an unsolicited offer by Pemex, fits the long-term strategies of both companies.

Did Mexico buy Shell?

But he acknowledged the refinery does process 340,000 barrels of crude per day, much of that Mexican crude. ... The state-owned Pemex oil company pledged to operate the plant in an environmentally responsible way.

Did Pemex buy Shell Deer Park?

Mexico's state-owned oil giant agreed in May to buy Royal Dutch Shell Plc's majority stake in the Deer Park refinery. ...

Chloe Bennett

Chloe Bennett

Culture, Media & Entertainment Columnist

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.