Pemex
Pemex (a portmanteau of Petróleos Mexicanos, which translates to ''Mexican Petroleum'' in English; ) is the Mexico, Mexican State ownership, state-owned Petroleum industry, petroleum corporation managed and operated by the government of Mexico, Mexican government. It was formed in 1938 by nationalization and expropriation of all Mexican oil expropriation, private oil companies in Mexico at the time of its formation. Pemex had total assets worth $101.8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras (the Brazilian national oil company). The company is the seventh most polluting in the world according to ''The Guardian''. History Asphalt concrete, Asphalt and Pitch (resin), pitch had been worked in Mexico since the time of the Aztecs. Small quantities of petroleum, oil were first refined into kerosene around 1876 near Tampico. By the early 20th century, commercial quantities of oil were being ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mexico
Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundary, maritime boundaries with the Pacific Ocean to the west, the Caribbean Sea to the southeast, and the Gulf of Mexico to the east. Mexico covers 1,972,550 km2 (761,610 sq mi), and is the List of countries by area, thirteenth-largest country in the world by land area. With a population exceeding 130 million, Mexico is the List of countries by population, tenth-most populous country in the world and is home to the Hispanophone#Countries, largest number of native Spanish speakers. Mexico City is the capital and List of cities in Mexico, largest city, which ranks among the List of cities by population, most populous metropolitan areas in the world. Human presence in Mexico dates back to at least 8,000 BC. Mesoamerica, considered a cradle ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lázaro Cárdenas
Lázaro Cárdenas del Río (; 21 May 1895 – 19 October 1970) was a Mexican army officer and politician who served as president of Mexico from 1934 to 1940. Previously, he served as a general in the Constitutional Army during the Mexican Revolution and as Governor of Michoacán and President of the Institutional Revolutionary Party. He later served as the Secretariat of National Defense (Mexico), Secretary of National Defence. During his presidency, which is considered the end of the Maximato, he implemented massive Land reform in Mexico, land reform programs, led the Mexican oil expropriation, expropriation of the country's oil industry, and implemented many key social reforms. Born in Jiquilpan, Michoacán, Jiquilpan, Michoacán, to a working-class family, Cárdenas joined the Mexican Revolution and became a general in the Constitutional Army, Constitutionalist Army. Although he was not from the state of Sonora, whose revolutionary generals dominated Mexican politics in the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil And Gas Industry
The petroleum industry, also known as the oil industry, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world's energy consum ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petroleum Industry
The petroleum industry, also known as the oil industry, includes the global processes of hydrocarbon exploration, exploration, extraction of petroleum, extraction, oil refinery, refining, Petroleum transport, transportation (often by oil tankers and pipeline transport, pipelines), and Downstream (petroleum industry)#Marketing, marketing of list of crude oil products, petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many petrochemical, chemical products, including pharmaceutical drug, pharmaceuticals, solvents, fertilizers, pesticides, synthetic Aroma compound, fragrances, and plastics. The industry is usually divided into three major components: upstream (petroleum industry), upstream, midstream, and downstream (petroleum industry), downstream. Upstream regards exploration and extraction of Petroleum, crude oil, midstream encompasses transportation and Oil terminal, storage of crude, and dow ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mexican Oil Expropriation
The Mexican oil expropriation () was the Nationalization of oil supplies, nationalization of all petroleum reserves, facilities, and Big Oil, foreign oil companies in Mexico on March 18, 1938. In accordance with Article 27 of the Constitution of Mexico, Constitution of 1917, President of Mexico, President Lázaro Cárdenas declared that all mineral and oil reserves found within Mexico belong to the nation. The Mexican government established a State-owned enterprise, state-owned petroleum company, Petróleos Mexicanos, or PEMEX. For a short period, this measure caused an international boycott of Mexican products in the following years, especially by the United States, the United Kingdom, and the Netherlands, but with the outbreak of World War II and the alliance between Mexico and the Allies of World War II, Allies, the disputes with private companies over compensation were resolved. The anniversary, March 18, is now a Mexican Public holidays in Mexico#Civic holidays, civic holida ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tampico
Tampico is a city and port in the southeastern part of the Mexican state of Tamaulipas. It is located on the north bank of the Pánuco River, about inland from the Gulf of Mexico, and directly north of the state of Veracruz. Tampico is the fifth-largest city in Tamaulipas, with a population of 314,418 in the city proper and 929,174 in the metropolitan area. During the period of Mexico's first oil boom in the early 20th century, the city was the "chief oil-exporting port of the Americas" and the second-busiest in the world, yielding great profits that were invested in the city's famous architecture, often compared to that of Venice and New Orleans.Dave Graham, "Crime-ridden state poses acid test for Mexican oil reform" ''Reuters,'' 25 June 2014, acces ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Portmanteau
In linguistics, a blend—also known as a blend word, lexical blend, or portmanteau—is a word formed by combining the meanings, and parts of the sounds, of two or more words together.Garner's Modern American Usage p. 644. English examples include '' smog'', coined by blending ''smoke'' and ''fog'', and '''', from ''motor'' ('' motorist'') and ''hotel''. A blend is similar to a [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Edward Doheny
Edward Laurence Doheny (; August 10, 1856 – September 8, 1935) was an American oil tycoon who, in 1892, drilled the first successful oil well in the Los Angeles City Oil Field. His success set off a petroleum boom in Southern California, and made him a fortune when, in 1902, he sold his properties. He then began highly profitable oil operations in Tampico, Mexico's "golden belt", drilling the first well in the nation in 1901. He expanded operations during the Mexican Revolution, and opened large new oil fields in Lake Maracaibo (Venezuela). His holdings developed as the Pan American Petroleum and Transport Company, Pan American Petroleum & Transport Company, one of the largest oil companies in the world in the 1920s. In the 1920s, Doheny was implicated in the Teapot Dome scandal and accused of offering a $100,000 bribe to United States Secretary of the Interior Albert Fall. Doheny was twice acquitted of offering the bribe, but Fall was convicted of accepting it. Doheny an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil Refinery
An oil refinery or petroleum refinery is an industrial processes, industrial process Factory, plant where petroleum (crude oil) is transformed and refining, refined into products such as gasoline (petrol), diesel fuel, Bitumen, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemical feedstock like ethylene and propene, propylene can also be produced directly by Cracking (chemistry), cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kerosene
Kerosene, or paraffin, is a combustibility, combustible hydrocarbon liquid which is derived from petroleum. It is widely used as a fuel in Aviation fuel, aviation as well as households. Its name derives from the Greek (''kērós'') meaning "wax"; it was registered as a trademark by Nova Scotian, Nova Scotia geologist and inventor Abraham Pineo Gesner, Abraham Gesner in 1854 before evolving into a generic trademark. It is sometimes spelled kerosine in scientific and industrial usage. Kerosene is widely used to power jet engines of aircraft (jet fuel), as well as some rocket engines in a highly refined form called RP-1. It is also commonly used as a cooking and lighting fuel, and for fire toys such as Poi (performance art)#Fire poi, poi. In parts of Asia, kerosene is sometimes used as fuel for small outboard motors or even motorcycles. World total kerosene consumption for all purposes is equivalent to about 5,500,000 barrels per day as of July 2023. The term "kerosene" is comm ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |