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Pemex Oil Refinery Curtails Fuelmaking Due to Pollution
Environmental authorities ordered Petroleos Mexicanos, the state oil company, to curtail processing at one of the country’s largest refineries due to a deterioration of air quality, undermining the company’s plans to boost fuelmaking. The Tula refinery, the closest to Mexico City’s metropolitan area where more than 20 million people live, was ordered to reduce oil processing rates to 75% of the design capacity of 315,000 barrels a day. The power plant associated with it should also cut use of fuel oil for electricity by 30%, according to a notice from the environmental authority. High ozone levels can cause ... (full story)
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- Posted: May 15, 2024 7:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 229
