Pemex to share up to 10% of production profits with private-sector partners
February 13, 2025
(World Oil) – Pemex (Petroleos Mexicanos) will split profits with private-sector partners in joint ventures that may account for as much as 10% of the state oil company’s output, said Mexico President Claudia Sheinbaum. The division will be based on proceeds left over after the recovery of initial investments and the government’s 30% oil levy, she said during a media
