Key Mexican party moves to OK private energy deals.
Reuters, August 24, 2008 - “A key Mexican opposition party scrapped an internal ban against private investment in the state-run oil business, moving lawmakers closer to approving a government plan to overhaul the energy sector. The centrist Institutional Revolutionary Party, or PRI, voted to drop from party principles the rule prohibiting private investment in Pemex, the state-owned oil monopoly, at an assembly on Saturday, the Reforma newspaper reported.” Read more.
