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Mexico claims to have saved state-owned oil company from ruin

APD NEWS

APD NEWS

January 25, 2020 · 5 Years ago
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Pemex is Mexico's state-owned oil company. For 75 years, it held a monopoly over crude oil and petrol in the country.

In 2013, the Mexican congress approved energy reforms that opened the sector up to private business.

For Mexico's new president, the policy changes haven't lived up to expectations.

(CGTN)

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