Pemex or Petroleos Mexicanos is a Mexican petroleum company that is owned by the state of Mexico. The company was established in 1938 as a result of the nationalization of petroleum and the expropriation of various companies during that period. Pemex’s assets are estimated to be worth $415.75 billion. The company is also the second largest non-publicly listed company in the world and the second largest enterprise in Latin America, in terms of revenue. The majority of the shares in Pemex are controlled by the Mexican government. However, the company’s publicly listed shares alone are valued at $202 billion.
The Spain based oil and gas giant, Repsol, first came into existence in 1987. The company is currently headquartered in Madrid, Spain, but has operations in numerous countries across the world. Repsol describes itself as a ‘global energy’ enterprise providing a range of ‘Upstream’ and ‘Downstream’ services and products. Currently, the company has a total […]
Compañía Española de Petróleos or CEPSA (translated: Spanish Petroleum Company) is one of Spain’s leading oil producers. The company’s primary operational focus is on the extraction and fining of crude oil from a variety of resources. As an international concern, those resources are located in countries such as Algeria, Canada, Portugal, Colombia, Morocco, Brazil, and […]
Based in Copenhagen, Denmark, Maersk Oil occupies a spot as one of the largest oil and gas companies in the region. This privately held organization was founded in 1962 by Arnold Peter Møller and Mærsk Mc-Kinney Møller. The company was formed when its owners were given the opportunity to begin oil exploration in the North […]