Monday, August 31, 2026

Lopez Obrador Needs Private Companies to Boost Mexican Oil Production: Panel

From S&P Global/Platts Mexico City — President-elect Andres Manuel Lopez Obrador needs support from the private sector if he wants to boost oil production in Mexico, particularly to levels seen at the start of the century, according to industry leaders. Mexico requires upstream investment of more than $20 billion/year to once again produce 2 million b/d, Carlos Morales Gil, the CEO