Field Development

Pemex to invest $1.9 billion to revive production at heavy oil field

Output at Bacab in the Gulf of Mexico peaked in 1993 but has since fallen significantly

Pemex chief executive Victor Rodriguez Padilla.
Pemex chief executive Victor Rodriguez Padilla.Photo: REUTERS/SCANPIX
South America CorrespondentRio de Janeiro
Published 8 January 2025, 14:10Updated 8 January 2025, 14:10
MexicoPemexGulf of MexicoCNHAmericas