Pemex relaunches franchise line

Mexican NOC Pemex relaunched its petrol franchise business on Wednesday in an effort to improve its product and services offering, and bolster the Pemex brand in the face of new competition in the market.

Speaking at an inaugural event in Mexico City, company CEO José Antonio González Anaya told the audience that Pemex’s goal is to redefine partnerships with franchise owners and contribute to the diversity of Mexico’s recently opened fuel retail market.

“We are interested in having more franchises, we are interested in having more petrol stations, we are interested in selling more and competing against all the others,” González Anaya said. “Pemex will be committed to having the most competitive prices, and due to the fact that we have production in Mexico and infrastructure in Mexico, we will be able to commit ourselves to providing the best price conditions.”

Moreover, Pemex will make it easier and faster to become a franchise owner, and the NOC will offer a variety of marketing and training programmes to franchise operators. The company will also launch a variety of association schemes for sellers of its branded products.

Carlos Murrieta, the CEO of Pemex’s refining arm, Pemex Transformación Industrial, also spoke at the event, pointing out that the relaunch of the Pemex brand will allow the company to improve fuel quality and better adapt to the needs of service stations and customers.

According to a statement put out by the company, the brand transformation will occur in three stages, with those in Mexico City, Guadalajara and Monterrey starting first. The second phase in January will include stations in nearly 50 urban municipalities and heavy-use areas along major highways, and the final stage, scheduled for June 2018, will involve rural stations.

Recent Posts

Arrow Exploration spuds new well in Colombia

Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More

51 mins ago

Petronas makes discovery off Suriname

Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More

16 hours ago

Japan’s JERA slates $32 billion for LNG, renewables, new fuels

Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More

17 hours ago

Chevron planning UK North Sea exit

Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More

18 hours ago

Seatrium wins yet more FPSO work in Guyana

Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More

1 day ago

Diamond Offshore seals $350-million Gulf of Mexico deal

Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More

1 day ago

This website uses cookies.