Refining Community Logo

Mexico Moves to Overhaul Oil Industry

Home Forums Refining Community Energy Mexico Moves to Overhaul Oil Industry

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 3 months ago.

  • Author
    Posts
  • #1614

    Anonymous

    Mexico moved to end the country’s 75-year-old monopoly on oil and gas production, potentially opening up some of the world’s biggest remaining untapped oil reserves to private companies and setting the stage for a new energy boom on the U.S. doorstep.

    The government on Monday unveiled a bill to change the constitution to let it partner with private companies to find and produce oil and gas in a country that is the third biggest supplier of crude to the U.S. and has the world’s fourth biggest reserves of shale gas.
     
    READ MORE

You must be logged in to reply to this topic.

Refining Community