Bloomberg News
Pemex Chief Executive Officer Jesus Reyes Heroles said Monday that he’s hopeful Mexican lawmakers will adopt rule changes that would encourage investment in the company and promote its growth.
“Opinion in the Congress has been changing in the past few years,” Reyes Heroles said Monday in an interview with Mexico City-based Radio Formula. “I’m very hopeful.”
Pemex is a state monopoly for oil and natural gas production.
Mexican President Felipe Calderon, who served as energy minister for eight months under his predecessor, Vicente Fox, has made no direct calls to end the 1938 ban on private oil ownership. Since taking office in December, the president has instead pointed out the shortcomings of the state-run industry, he said.
That tack is necessary to build support in a country where Lazaro Cardenas remains a national hero for kicking out Standard Oil and Royal Dutch Shell.
Dec. 17, 2007, 8:45PM
http://www.chron.com/disp/story.mpl/business/5385556.html
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
