Exploration

Pemex lifts lid on new onshore Mexico discovery with up to 600 million boe

Pemex trumpets new onshore find but bucks international oil sector trend toward higher-value core assets

Unbudging: the head of Mexican oil company Pemex, Octavio Romero (centre), watched by Mexican President Andres Manuel Lopez Obrador (immediately right)
Unbudging: the head of Mexican oil company Pemex, Octavio Romero (centre), watched by Mexican President Andres Manuel Lopez Obrador (immediately right)Photo: AFP/SCANPIX
  • Gareth Chetwynd
London
Published 22 March 2021, 12:44Updated 23 March 2021, 13:46
MexicoPemexAmericasNorth America