Mexico’s state-owned oil company Pemex has faced challenge after challenge, following scrutiny over its poor safety standards and low production levels and now it’s likely to miss the scheduled launch of its new refinery. The indebted oil firm was expected to open the new Olmeca refinery last December before it announced it was postponing the opening until July this year due to construction delays.
Mexico’s once-thriving oil and gas industry has faced several setbacks in recent years, with Pemex being hit hard. But, with several…Mexico’s Energy Conundrum: AMLO’s Nationalization Plans Face Scrutiny
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