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State oil firms take first ungainly steps toward climate neutrality

Petroleos Mexicanos left investors with more questions than answers after it late last month announced that it would be disclosing its greenhouse gas emissions on a more regular basis — then refused to discuss why they had soared by double digits from April to June, compared with a year earlier. The moment was awkward, but analysts also welcomed it as a first wobbly step in a segment of the fossil fuel industry that is still refining its green marketing strategy. Pemex, as the Mexican oil gian...
United States Gulf Of Mexico Mexico General Saudi Arabia Deer Park Mauricio Cardenas

BBCNEWS World Business Report August 18, 2021 04:32:00

Economic stability, even as provinces were falling, even last week but there are a number of factors that i think will lead to a worsening situation. first of all, we have a large international reserves but i would expect that the us government will freeze those assets for the current time, so that will cause a shortage of currencies, foreign currency, which can be utilised. i would suspect those flows to decline over the coming months and that will cause pressure on the currency to depreciate a...
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