Mexican President Enrique Peña Nieto has killed off the perception that his country is hostile to foreign capital in recent years, but he is keeping one myth alive: that Mexico’s president is a solemn guardian of the country’s hallowed oil riches.
Peña Nieto announced Mexico’s largest onshore discovery for 15 years last week with the usual pomp and ceremony. Oilmen stood to chant the president’s name as Peña Nieto – wearing an impeccable pinstriped shirt and flanked by Pemex’s chief executive and...
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up