Mexico unveils plan to overhaul oil, gas industry
MEXICO CITY -- Mexico moved to end the country's 75-year-old monopoly on oil and gas production, potentially opening up some of the world's biggest remaining untapped oil reserves to private companies and setting the stage for a new energy boom on the US doorstep.
The government on Monday unveiled a bill to change the constitution to let it partner with private companies to find and produce oil and gas in a country that is the third biggest supplier of crude to the US and has the world's fourth biggest reserves of shale gas. read the full article here
Wednesday, 14 August 2013
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