Mexico quietly pushes back foreign oil investors – OilPrice.com
Mexico quietly pushes back foreign oil investors – OilPrice.com
For nearly 80 years, Mexico has kept its borders closed to foreign oil interests, with the state-owned company Petroleos Mexicanos (Pemex) being the only entity authorized to drill for gas on Mexican territory. In 2017, then President Enrique Peña Nieto open Mexico’s sizable oil reserves to foreign oil companies and investors for the first time […]
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