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Home »Business & Finance » Industries & Sectors » Exxon plans to invest $300mn in Mexico, cites energy reform

 

MEXICO CITY: Exxon Mobil Corp plans to invest about $300 million over 10 years as it enters Mexico's retail fuel market, citing the country's energy reforms as opening the door to new opportunities, the company said Wednesday.

The US oil company said it would open its first station in Mexico in the second half of this year and will direct investments to logistics, products and marketing.

 

Copyright Reuters, 2017
 

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