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  • (Bloomberg) - Mexico's government will review a past promise made by state oil giant Pemex to conserve a protected area on which it is now building a $10 billion oil refinery, according to President AMLO
  • Last week, Bloomberg News reported that in 2007 Pemex agreed to preserve the area for 20 years. Four environmental lawyers who examined the Pemex documents said the promise appeared to still be in effect.
  • The president announced today that Pemex could face a sanction over the promise, adding however that he suspected government experts would come to a different conclusion.