Pemex Bailout: Can Mexico's Oil Giant Recover?

Is Mexico throwing good money after bad? Another $14 billion bailout for Pemex, the country's struggling state oil giant, raises serious questions. Plagued by $100 billion in debt and dwindling production, can Pemex be saved? We dive into the latest rescue package, Pemex's ambitious production goals, and whether partnerships and fracking can turn the tide for this 90-year-old company. Hosted on Acast. See acast.com/privacy for more information.