Mexico still has a strong potential for oil and gas despite faltering due to nationalisation policies and a poor health and safety record in recent years. Despite a poor track record from Mexico’s state-owned oil company Pemex and the introduction of policies that have pushed away foreign investors, recent developments show that Mexico’s oil and gas industry may have a long way to go before the green transition curbs demand.
In 2022, Pemex reported profits of $1.2 billion, boosted by high oil prices throughout the year. This marks…Private Investment Boosts Mexico's Oil And Gas Sector
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