Which company produced the most oil in Mexico when the nationalization of the industry took place?

Which company produced the most oil in Mexico when the nationalization of the industry took place?

• A. PEMEX
• B. Gulf Oil
• C. Shell Mexico
• D. Mexican Eagle

Answer: (D)

Before Mexico nationalized its oil industry, several foreign firms operated in the country, but the Mexican Eagle Oil Company, a Royal Dutch Shell affiliate, was the largest producer. It controlled the major fields in Veracruz and Tamaulipas (including Tampico and Poza Rica), giving it the biggest share of oil output just before the 1938 nationalization. When the industry was nationalized, PEMEX took over these assets, but the peak producer at that time remained Mexican Eagle.

Before Mexico nationalized its oil industry, several foreign firms operated in the country, but the Mexican Eagle Oil Company, a Royal Dutch Shell affiliate, was the largest producer. It controlled the major fields in Veracruz and Tamaulipas (including Tampico and Poza Rica), giving it the biggest share of oil output just before the 1938 nationalization. When the industry was nationalized, PEMEX took over these assets, but the peak producer at that time remained Mexican Eagle.