Mexico aims for global ‘impact’ with $37.7 billion investment in oil and gas fields

Gary Park, Petroleum News Calgary correspondent

Pemex, Mexico’s state-owned oil company, is focused on a hefty increase in oil and gas production over the next three years as part of the country’s goal of achieving a “bigger impact on the world oil market,” President Vicente Fox said May 27. He said Pemex is targeting daily output of 4 million ba....

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