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Posts Tagged ‘Pemex

Mexican Congress on Lockdown Over Pemex

10:57 am By Jennifer Woodard Maderazo · Activism|mexico|Money · Comments Off

15 Apr 2008

capt.ab04f71540fe4515ae8555f73f9df299.aptopix_mexico_oil_reform_mxmt103.jpgI got to give it to some members of the Mexican Congress who are sitting in the lower house of their congress to protest President Felipe Calderon’s reform proposal concerning Pemex, the nation’s state oil company. The proposal would allow Pemex to partner with private companies for exploration and refining. This is needed according to the president to help boost sagging oil production. The opposition maintains that this is just an attempt to privatize the oil industry.

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