Company reported a loss of 163bn pesos (US$8.7bn) largely due to depreciation of the peso, although production of refined products and crude continues to decline.
Under the agreement's terms, the petcoke producer will use Brazilian Usiminas' maritime terminal in Cubatão to ship about 30,000t/m of its products to the primary aluminum industry.
AMLO's choice for energy minister, Rocío Nahle, said the new administration expected a new refinery in Tabasco state to cost around US$6bn.
Repsol teams up with a local partner to produce and distribute lubricants in Mexico
BNamericas spoke to San Salvador-based consultancy ECO Ingenieros, a pioneer in the region's environmental advisory market, with a client list that includes AES, Duke Energy and Puma Energy.