Mexican state oil company Petroleos Mexicanos would like to run the operations in a major offshore oil area discovered by a consortium of private companies when development eventually begins, the company’s chief executive said on Wednesday. Chief Executive Officer Octavio Romero told a regular government news conference that the company known as Pemex believes most of the crude discovered by the consortium lies in an adjacent block where it holds development rights. “This reservoir is shared,” he said, confirming that Pemex believes the so-called Zama discovery extends from the area operated by U.S.-based Talos ... (full story)