Mexico’s state-controlled oil giant Pemex plans to raise its oil and gas reserves, including via intensified deepwater exploration, under new President Claudia Sheinbaum, Reuters reports, citing an internal company document. Mexico’s former president, Andres Manuel Lopez Obrador, had attempted – and failed – to turn the fortunes of the state oil giant. Pemex’s production continued to drop under Lopez Obrador, despite his insistence and preference for stronger government support for the national oil company. Now Pemex…
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