LatAm oil giants keep up capex in strikingly different circumstances
Latin America’s three largest oil companies are maintaining hefty investment programmes in spite of tumbling oil prices, thanks to their low production costs and comfortable profit margins. Yet that is about as far as the similarities go for Venezuela's PDVSA, Brazil's Petrobras and Mexico's Pemex.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: