Between successful project conclusions, natural gas storage facilities in the pipeline and a counter-monopolistic investigation, Mexico’s natural gas market had contrasting news last week. Meanwhile, US Treasury Secretary Steven Mnuchin dented IOCs’ stock market value, while ExxonMobil is facing business difficulties and OPEP members agreed to increase crude oil production.
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Oil and Gas heavyweights are slowly but surely strengthening Mexico’s oil ang gas security and LPG is facing a rapidly growing theft problem. Meanwhile, OPEP’s oil production is at an all time low and Iran is fighting tooth-and-nail to preserve its crude oil exports.
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