RE:RE:RE:MexicoPEMEX will keep 80 percent of its 2P reserves.
It has about 2 months to figure out what it will keep.
Then the framework for reform moves ahead. I have
not seen any kind of taxation or royalty scheme yet
to define terms of any foreign company doing business
in oil and gas in Mexico. Offshore seems to be the
area most under interest by the large multinationals.
Dig a little deeper, and you will see the connection
between a large Colombian oil company and its
large Mexican shareholder... Cha ching.