mexico Tag

Glencore (LSE:GLEN) has taken advantage of the unshackling of Mexico’s oil sector by securing a joint venture transport fuels supply deal with national service station operator G500. Mexico’s state-owned petroleum company Pemex previously held an 8-decades long monopoly on all oil production, refining and marketing, including...

Italian energy firm Eni (BIT:ENI) has confirmed the presence of oil in shallow waters situated near Mexico’s Southern tip, following a recent drilling programme. An exact estimate of potential oil reserves in the Amoca-2 well is yet to be confirmed by Eni, but the company expressed...

Glencore (LSE:GLEN) will move into Mexico’s fuel stations business in a US$200 million joint venture, while also announcing a $400 million sale of two African zinc mines to Trevali Mining Corporation (TSE:TV). The Anglo-Swiss company will reportedly supply 180,000 barrels per day of gasoline and diesel...