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Latin American Economy & Business - February 2016 (ISSN 1741-7430)

Region: Knocking the NOCs

With oil and gas prices at record lows, Latin America’s national oil companies (NOCs) are losing money and facing high levels of economic stress. Mexico’s Pemex and Brazil’s Petrobras – which usually top the rankings as the largest companies in Latin America – are having a particularly tough time. Here we summarise how they are faring.

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