Mexico Weighs Petrobras Alliance for Gulf Deepwater

2026-03-25 - 12:50

Key Points — President Sheinbaum confirmed she is evaluating Lula’s proposal for a Pemex-Petrobras deepwater alliance in the Gulf of Mexico but said no decision has been made — Petrobras CEO Magda Chambriard will visit Mexico in April to meet Pemex director Victor Rodriguez, Energy Secretary Luz Elena Gonzalez, and Sheinbaum herself — The U.S.