This must be part of the implementation of the North American Union.
HOUSTON, Texas — Earlier this week Mexican President Enrique Pena Nieto signed new rules into law, which allow private companies to access state-run oil fields.
Nieto said that certain oil fields will be kept for the use of Petroleos Mexicanos (also known as Pemex), according to the Associated Press (AP). The sections that will be available to private and foreign companies will be revealed soon. The president reportedly hopes to have regulations in place to put the new rules into motion within the next few weeks. Continue reading “Mexico Opening State-Run Oil Industry to Private Companies”