Mexican president wants private investment in oil sector

06/20/2013 | Market News International

Mexican President Enrique Pena Nieto says he wants state-owned oil company Petroleos Mexicanos to invite private investors to help develop oil resources. "The state must own hydrocarbons, but if we want cheaper utilities, we need to open up PEMEX to private-sector involvement," he said at the U.K.'s Chatham House.

View Full Article in:

Market News International

Published in Brief: