Deals
Pemex Seeks to Buy ‘Significant’ Refining Asset This Year
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Petroleos Mexicanos, Latin America’s largest oil producer, said it’s seeking to buy a “significant” refining asset in the U.S. as Mexican gasoline demand surges.
Pemex, as the state-owned company is known, is evaluating several acquisitions and may close a deal this year, Chief Executive Officer Juan Jose Suarez Coppel said yesterday in an interview in Houston, declining to name the potential targets.