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ARTICLE · 23 SEPTEMBER 2025

Petróleos Mexicanos As A State-Owned Company

Greenberg Traurig
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A diez años de su transformación en empresa productiva del Estado, Petróleos Mexicanos ("Pemex) ha sido objeto de una nueva reforma que modifica sustancialmente su régimen juridico, regresándola al modelo de empresa pública estatal La Ley de la Empresa Pública del Estado, Petróleos Mexicanos, publicada el 18 de marzo de 2025.

MexicoEnergy and Natural Resources
Erick Hernández Gallego
Erick Hernández Gallego
Rodrigo Vazquez del Mercado-Rivera
Rodrigo Vazquez del Mercado-Rivera
Rodrigo Antonio Santamaría Guevara
Rodrigo Antonio Santamaría Guevara
Paula María De Uriarte
Paula María De Uriarte

A diez años de su transformación en empresa productiva del Estado, Petróleos Mexicanos ("Pemex) ha sido objeto de una nueva reforma que modifica sustancialmente su régimen juridico, regresándola al modelo de empresa pública estatal La Ley de la Empresa Pública del Estado, Petróleos Mexicanos, publicada el 18 de marzo de 2025. implical una transformación institucional que, si bien busca fortalecer el control estatal sobre el sector energético. también plantea riesgos financieros, desincentivos a la inversión y retrocesos en transparencia.

En el nuevo esquema, Pemex ya no tiene la obligación de entregar un dividendo al Estado ni pagar el Impuesto Sobre la Renta; ahora sólo contribuye con el "Derecho Petrolero para el Bienestar", una tasa única del 30%. Lo anterior, alivia la carga fiscal de PEMEX y fortalece su liquidez operativa, aunque representa una menor recaudación para el erario público. Dado el importante nivel de endeudamiento de Pemex, este rediseño

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