Tag #Gas Natural

What are the immediate consequences of Carlos Slim's potential investment in Mexico's energy sector, considering Pemex's financial difficulties?

Mexican billionaire Carlos Slim is expanding into the oil and gas sector, potentially signing a joint venture with Pemex to invest over \$1 billion in the Ixachi natural gas and liquid hydrocarbon field in Veracruz. This follows a similar deal in July where Slim's conglomerate invested over \$1 billion in the Lakach natural gas field. His strategy includes acquiring experienced companies like Petrobal for \$530 million to bolster expertise and secure access to oil fields.