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Mexican Billionaire Carlos Slim Snaps Up More Assets in Oil Push

Carlos Slim — Carlos Slim
Photographer: Luis Antonio Rojas/Bloomberg

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By Amy Stillman

January 19, 2026 at 7:19 PM UTC

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Carlos Slim’s foray into Mexico’s offshore oil market shows no signs of abating, with the Mexican media magnate now planning to spend $270 million on the remaining shares of oil fields off the coast of Campeche.