Mexico’s current president said ex-Pemex CEO Emilio Lozoya is testifying that lawmakers were bribed to pass measures that opened the energy sector to private investment….
Tag: Mexican Oilfield
Mexico’s Crude Oil Problem
Mexico’s economy has a high dependence on hydrocarbons. 89% of the country’s energy production is made from fossil fuels. It’s a large producer of oil,…
Documents reveal Pemex will get 7.3 billion usd in tax breaks
Mexico is seeking as much as 138.7 billion pesos ($7.3 billion) worth of tax breaks for Petroleos Mexicanos in 2020 and 2021, according to online…
Mexico’s New Oil Refinery is good for Mexico but bad for American Business?
Mexico President Andres Manuel Lopez Obrador has promised a new oil refinery and also upgrade current refineries that lacked updated parts so they could run…