Tuesday, 02 January 2024 12:17 GMT

Reform in Mexico's oil refining industry


(MENAFN) Mexico is paving the way for foreign investments in the country's oil refining industry, The Peninsula reported. The country has dismantled the state-run oil and gas company, Pemex, which has been monopolizing the sector for many years. Mexico's oil refining industry has been suffering for years with increased costs, under-investment and government fuel subsidies.


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