Mexico investment plan energy projects focus on Pemex refining

MOSCOW (MRC) -- A USD14 billion investment plan unveiled by the Mexican government focuses energy outlays on the refining business of Petroleos Mexicanos (Pemex), aiming to boost the state oil firm's ability to process heavy crudes, reported Reuters.The plan, which comprises some 99 billion pesos (USD4.65 billion) in energy projects, did not appear to include new major oil exploration and

Full article at mrcplast.com