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U.S. Claims Pemex Loses Billions of Dollars for Oil Smuggling at the Hands of Organized Crime · Global Voices
9 Articles
9 Articles
The fuel smuggling – a problem that was allowed to grow – is being fought by the authorities of Mexico and the United States with “strong actions” and “are on the right track,” acknowledged Carlos García, general director of Valero in the country.
Mexican oil has become an international business vein for drug cartels, says the U.S. anti-drug agency (DEA). In its most recent report on drug trafficking, the agency reported that drug cartel businesses have diversified to such an extent that they have reached the state oil company, Pemex. In the document, it states that Mexico’s most important criminal groups such as the Jalisco Nueva Generación Cartel, Sinaloa Cartel, the Gulf Cartel and the…
The damage that Pemex has caused to the environment in Tabasco has not only been to marine ecosystems or to the soil. In 2913, in Nacajuca, Pemex was punished with a global fine of 1 million 705 thousand pesos, including 1 million 2 thousand 621 pesos for soil pollution; now the crowd would be a lot [...]
Petróleos Mexicanos (PEMEX) achieved third place among the largest companies in Mexico with better ethical performance and less corruption, obtaining a rating of 96.1 during revision 2024 of the Corporate Integrity Index (IC-500). The IC-500 index evaluates codes of ethics, codes of conduct, anti-corruption policies, organizational structure, activities and financial results that publish the 500 largest companies in Mexico on their websites.
Although Mexican Petroleum increased its tax contributions in the first quarter, the amount is still far from what was collected in previous years, and revenues from private contracts also fall. During the first quarter of 2025, Mexican Petroleum (Pemex) transferred to the federation 58,124 million pesos (mmdp) for rights, representing an increase of 189% over the same period of 2024, when only 20,111 mmdp were delivered. This increase is due, i…
The Drug Control Administration (DEA) and the U.S. Treasury Department have issued recent reports accusing Mexican cartels, including the Jalisco Nueva Generación Cartel (CJNG), the Sinaloa Cartel, the Gulf Cartel and the Michoacan Family, of being involved in the theft and smuggling of oil from Mexico to the U.S. These illicit activities have resulted in multimillion dollar losses for Mexican Petroleum (Pemex) and have significantly affected th…
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