Exclusive - Mexico's Pemex given two-year extension to keep oil, gas blocks: sources
Mexican national oil company Pemex can keep 101 oil and gas exploration blocks it was granted in 2014 under the government`s sweeping energy reform, after the energy ministry approved a two-year deadline extension to invest in them, two sources said on Monday.
The leases on the blocks, which represent about a fifth of the company`s total exploration and production projects, were set to expire last weekend.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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