Mexican state oil firm Pemex invests to boost crude output
Petrol
Feb. 4 (UPI) -- Petróleos Mexicanos, Mexico's state-owned oil company known as Pemex, announced Wednesday a $24.7 billion investment program to increase and sustain crude oil production under a plan presented by President Claudia Sheinbaum's government. The spending represents a 34% increase from the previous year. Pemex said the plan targets crude output of 1.8 million barrels per day and an expansion in natural gas production to 4.5 billion cubic feet per day through strategic projects by
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