Mexican-state-controlled company Petróleos Mexicanos (Pemex) recently announced a positive feedback from their business, claiming that they have gained profit, EFE reports. This also comes amid the global oil crisis and even during the widespread global oil drilling protests, per ABC.

According to Pemex's CEO Emilio Lozoya, despite the challenging past year in the global oil industry, with the sudden oil price drop, the company has performed well and even gained profit, EFE reports. However, the company also expects to slow down in light of the recent crisis.

The factors include the higher cost that the company will need to prepare, according to Lozoya. Other countries like Saudi Arabia are also asking for a much lower price than the current market price, the news agency revealed.

"For Pemex, the average development cost for reserves that we've located or explored is below $10 per barrel," Lozoya said of the Organization of the Petroleum Exporting Countries policies as quoted by Fox News Latino.

Lozoya further revealed cost rises to as much as $22 or $23 per barrel because of the adjustments in infrastructure. However, despite these, Pemex remains to have a positive outlook on their business.

"We're hearing that by around the end of 2016 prices will stabilize at a little higher price level," the chief executive said as quoted by the news outlet.

This comes during the widespread and powerful oil drilling protests going on in Australia, where a group of environmental advocates is urging to stop such businesses, ABC reports.

Apparently, Sea Shepherd, an environmental organization is currently protesting on the recent proposal of BP to drill wells between 1,000 and 2,500 meters. "Today the Steve Irwin [Sea Shepherd ship] will depart Fremantle Western Australia en-route to the Southern Ocean to patrol for illegal fishing and whaling, and when these whales come back to Australian waters, they face an even greater threat, which is BP drilling," Sea Shepherd Australia managing director Jeff Hansen said as quoted by the publication.

The organization has joined forces with Great Australian Bight Alliance with the Wilderness Society, Oil Free Seas Kangaroo Island, Clean Bright Alliance Australia and elders from the Mirning and Kokatha people.

The news agency further revealed the environmental groups are claiming that the proposal would again be risky to the environment because BP was directly responsible for the oil spill in the Gulf of Mexico in 2010.

"Putting at risk a pristine marine environment, an area that sustains a huge fishing industry, a huge eco-tourism industry and one of the most significant whale calving and nursery areas in the world, is simply completely inappropriate," The Wilderness Society director Peter Owen said.