Date in year · 1938 · The 1930s
On March 18, 1938, mexico creates Pemex by expropriating all foreign-owned oil reserves and facilities. Jerry Rubin, Tommy Vig, Ian St John would arrive in the same year.
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1938
1930s
Featured · March 18, 1938
Pemex is the Mexican state-owned petroleum corporation managed and operated by the Mexican government. It was formed in 1938 by nationalization and expropriation of all private oil companies in Mexico at the time of its formation, making PEMEX an enduring symbol of Mexican nationalism. 8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras.
Around 1938
1938 (MCMXXXVIII) was a common year starting on Saturday of the Gregorian calendar, the 1938th year of the Common Era (CE) and Anno Domini (AD) designations, the 938th year of the 2nd millennium, the 38th year of the 20th century, and the 9th year of the 1930s decade.
What happened
Mexican state-owned petroleum corporation
Pemex is the Mexican state-owned petroleum corporation managed and operated by the Mexican government. It was formed in 1938 by nationalization and expropriation of all private oil companies in Mexico at the time of its formation, making PEMEX an enduring symbol of Mexican nationalism. 8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras.
Elsewhere that year
The class of 1938
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