Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions

Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions

OilPrice.com

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Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy, as Mexican President Andrés Manuel López Obrador continues to bet on oil exploration and a new domestic refinery to make the country energy independent and reverse the years-long decline in oil output, Reuters reported, citing government and company sources. López Obrador, a leftist populist, came to power with the promise to increase state support for Pemex and make the state-run major the pillar of a turnaround for…

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