Latin State Oil Company Datapoint of the Day

In 2006, Venezuela’s PDVSA had revenues of $100 billion, on which it paid $36 billion in taxes.

In 2007, Mexico’s Pemex had revenues of $100 billion, on which it paid $54 billion in taxes.

(From "Woes mount for Mexico’s state oil titan," by Marla Dickerson, in the LA Times.)

This entry was posted in commodities. Bookmark the permalink.