News Formal

Mexican state oil company pumps €327m into Irish subsidiary | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Mexican state oil company pumps €327m into Irish subsidiary, reports whytebarry.

Pemex: its Irish subsidiary, PMI Trading handles the trading of billions of dollars of crude oil and oil derivatives under authorisation from the Mexican state-owned oil company. Picture: Shutterstock

Pemex, the Mexican state-owned oil company, has moved $362.5 million into its Irish subsidiary, new company documents show. The subsidiary, PMI Trading, is headquartered in Ireland, but resident for tax purposes in Mexico. It handles the trading of billions of dollars of crude oil and oil derivatives under authorisation from Pemex.

The purpose of the share transaction is not clear, and efforts to reach PMI Trading for comment prior to publication were not successful.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Remote-ish: How the country’s biggest employers want their staff to embrace a hybrid solution | Business PostRemote-ish: How the country’s biggest employers want their staff to embrace a hybrid solution. killianwoods reports.
Source: businessposthq - 🏆 8. / 71 Read more »