Pajaritos Petrochemical Complex (Photo credit: liberal.com.mx)
Admitting that excessive public financing of certain sectors in the energy industry, such as petrochemicals, would generate unnecessary debt, AMLO finalized an agreement last Wednesday for private investment with industry leaders in the Business Coordinating Council (CCE).
The agreement stipulates that the majority of petrochemical investment will be privatized […]
by Pedro Alcala
Last week was rich in oil and gas news, from AMLO’s 25 priority projects to oil workers calling for oil syndicate leader Carlos Romero Deschamps to resign and PEMEX securing the Deer Park partnership with Shell. Meanwhile, Iraq reaches a new oil production record, the US reactivated Iran’s sanctions and Nexen is poised […]Continue Reading →