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

18 December 2018, News Wires — 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. The 2019 budget blueprint presented on Saturday by officials of leftist President Andres … More »