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Challenges Ahead: Pemex’s Declining Oil Production
As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for a downturn in oil production, an issue pressing both economically and politically for Mexico. Pemex, the state-owned oil giant, forecasts a drop to 1.85 million barrels of crude oil and condensates per day. This is a modest yet significant decrease from […]