Presidential Front Runner Proposes Public Offering Of Pemex

The front-runner in Mexico's upcoming presidential elections Enrique Pena Nieto's plan to open Pemex to public ownership will be greeted with enthusiasm by many in the oil industry. Cash from a share sale would provide a very welcome boost to upstream investment, critical to any reversal of the long-term decline in Mexico's oil output.

To read the full article, please choose one of the following options: