LAHT/
Ex-Brasilian president Lula da Silva believes that Mexico's and Brasil's oil monopolies should form a strategic partnership to work together for market growth and to further technological developments.
In Acapulco, Lula wants the two governments to discuss the concept of exploring for oil “in other regions around the world with more competitive markets and to becoming more competitive, more profitable and larger Latin American companies.”
Oil giant Petrobras is a world leader in deep-water drilling while Pemex’s output has stagnated from aging fields and few new discoveries.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.