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Pemex upbeat on future as losses widen

Petrochemicals | Mexico

Pemex upbeat on future as losses widen

Mexico's state oil firm Pemex reported a net loss of US$7.75bn for 2014 but the firm remains upbeat about expanding oil production via partnerships with the private sector and increasing E&P investment. View more »

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Has Vale gone too far?

Pedro Galdi Senior analyst

Iron ore spot prices plummeted to a five-year low in 2014 amid a supply glut that cut the valuation of Brazil's Vale, the world's top producer, 75% since 2010. Yet Vale's full-... View more »

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