Cuauhtémoc Cárdenas Suggests PEMEX Transition From Oil Company to “energy entity”

ByDarren Garcia

This article by Darren Garcia originally appeared in the April 24, 2026 edition of Revista Contralínea.

In creating a long-term plan for Petróleos Mexicanos (PEMEX), consideration must be given to how the company can transition from being an oil company to becoming “an energy entity” that “contributes to addressing the negative effects of climate change,” said Cuauhtémoc Cárdenas Solórzano, president of the Petroleum Advisory Commission.

This comes after the announcement of a program that will define the course of the country’s oil and energy industry during the first working meeting of the newly created PEMEX analysis body, where the former presidential candidate recalled the importance of the state-owned company in promoting the nation’s industrialization and economic development.

At the meeting of the members of the Commission, “the importance of making progress in addressing issues such as the modernization of facilities in the various refineries, the better use of coke and the reduction of gas flaring, particularly in the country’s marine areas, was highlighted,” according to a statement from the state-owned company.

This advisory body was formally established on April 16, following an agreement signed by PEMEX CEO Víctor Rodríguez Padilla on March 18—commemorating the 88th anniversary of the nationalization of the oil industry. Its purpose is to strengthen strategic analysis, technical reflection, and comprehensive monitoring of national oil policy.