Pemex and Union Agree to 4% Salary Increase

August 19, 2022

© eve orea / Adobe Stock
© eve orea / Adobe Stock

Mexican state oil company Petroleos Mexicanos (Pemex) and its union, the STPRM, agreed to a 4% pay raise and a 2.25% increase in benefits during 2022-2023 salary negotiations, Pemex said in a statement on Thursday.

The agreement is the first made under union leader Ricardo Aldana, a longtime veteran of the company who won by a landslide at the beginning of the year.

Aldana is a close ally of former leader Romero Deschamps, who stepped down in 2019 amid allegations of corruption.

The wage hike announced Thursday is slightly above last year's raise of 3.4%, though still far below Mexico's annual inflation rate, which hit 8.15% in the year through July.


(Reuters - Reporting by Daina Beth Solomon and Adriana Barrera; Additional reporting by Aida Pelaez-Fernandez; Editing by Leslie Adler)



Current News

Belgium's Elia Presents Plans for 'World's First' Artificial Energy Island

Belgium's Elia Presents Plans for 'World's First' Artificial Energy Island

Sweden Sends Diving Vessel to Inspect Leaking Nord Stream Pipelines

Sweden Sends Diving Vessel to Inspect Leaking Nord Stream Pipelines

Gas Starts Flowing to Poland Through New Baltic Pipe Pipeline

Gas Starts Flowing to Poland Through New Baltic Pipe Pipeline

Petrobras Taps Shearwater for Large OBN Survey Offshore Brazil

Petrobras Taps Shearwater for Large OBN Survey Offshore Brazil

Subscribe for OE Digital E‑News

Offshore Engineer Magazine