Mexico's oil and natural gas giant Petróleos Mexicanos (Pemex) has named academic Victor Rodríguez Padilla as its new CEO.
Rodríguez currently teaches post-graduate classes at Mexico’s Universidad Nacional Autónoma de México (UNAM). He will replace outgoing head Octavio Romero, who oversaw a heavily-indebted company that, over the past six years, struggled to hit oil and natural gas production goals.
Rodríguez “is a longtime academic, critical of any efforts to liberalize Mexico's oil and gas industry,” Mexico City-based energy consultant Gonzalo Monroy told NGI’s Mexico GPI. “He has an extensive record working as a legislative aide to several leftist politicians, which is where he crossed paths with Claudia Sheinbaum almost 30 years ago.”
