Pemex CEO Invites World to Tap Mexico’s Energy Shale Reserves
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The chief executive officer of Mexico’s state-run oil company Petroleos Mexicanos invited the world to explore for shale deposits in its recently opened energy sector.
“Mexico holds about the sixth largest shale gas reserves in the world,” Emilio Lozoya said in a speech yesterday at the CERA energy conference in Houston. “You’re more than welcome to come and join the exploration opportunity,” he told a crowd of representatives from the world’s largest energy companies, such as Chevron Corp. and Exxon Mobil Corp.