Pemex aims for splash in shallow waters, retreats from the deeps

Pemex aims for splash in shallow waters, retreats from the deeps
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25.12.2018

MOSCOW (MRC) -- Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company, reported Reuters.The 2019 budget blueprint presented on Saturday by officials of leftist President Andres Manuel Lopez Obrador calls for some

Full article at mrcplast.com

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