Pemex's PEP Head: Another Change Amidst Production Struggles
Update: 2025-12-18
Description
Mexicos Pemex prepares to replace PEP head, struggling to boost oil output: Octavio Barrera Torres may succeed Angel Cid Munguía, as Pemex faces challenges in meeting production targets due to declining fields, unmet expectations from new discoveries, and slow progress in offshore projects.
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