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Mexico cuts oil spending to nine-year low as foreign firms enter

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Mexico cuts oil spending to nine-year low as foreign firms enter
11 September 2015, News Wires – – Mexico plans to spend the least in nine years to explore for oil, relying instead on foreign companies to help reverse a decade-long decline in production. Even as President Enrique Pena Nieto announced that Mexico would reduce its investment in Petroleos Mexicanos by 20 percent in 2016, Finance Minister […] More »
Mexico cuts oil spending to nine-year low as foreign firms enter Mexico cuts oil spending to nine-year low as foreign firms enter Reviewed by Crude Oil Facilitators on 18:55 Rating: 5

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