Post Tagged with: "presses forward with refinery purchase"

Source: World Oil

Pemex presses forward with money-losing U.S. refinery purchase

World Oil

MEXICO CITY (Bloomberg) –The Texas oil refinery that Pemex is buying has racked up a rare net loss of about $360 million this year, adding to the challenges Mexico faces in seeking energy independence.

Mexico’s state-owned oil giant …

August 31, 2021 - 2:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Midstream