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Mexico’s love affair with Pemex: will its bid to save the fallen oil giant block the shift to clean energy?
The coastline of Tabasco, a waterlogged and oil-rich state on the Gulf of Mexico, is a tangle of mangroves and pipelines belonging to Petróleos Mexicanos (Pemex), the state-owned hydrocarbons company. Its new $17bn (£13bn) Olmeca refinery at Dos Bocas, in …