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Pemex Takes a Bold Step: Sharing Profits with Private Sector Partners

Pemex Takes a Bold Step: Sharing Profits with Private Sector Partners
4 months ago

In a significant shift in its operational strategy, Petróleos Mexicanos (Pemex) has announced a new initiative that will allow the state-owned oil company to share profits from its ventures with private sector partners. This decision is poised to reshape the traditional landscape of Mexico's oil industry, inviting greater collaboration and investment from private firms.

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Greek Businessman Confident in Egypt-Greece Power Link by 2030

Greek Businessman Confident in Egypt-Greece Power Link by 2030
5 months ago

In a significant announcement that signals a positive shift in energy collaboration between nations, Greek energy magnate George Copelouzos has expressed optimism regarding the establishment of a power link between Greece and Egypt by the year 2030. This ambitious project, aimed at enhancing energy security and diversification, has the potential to transform the energy landscape in the Eastern Mediterranean region.

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