Mexico’s Pemex looks to shale gas development

Mexico’s main energy company Pemex says it is looking to replicate the US’s success in shale gas by entering the lucrative industry in its own country

Pemex, one of Mexico's largest energy companies, is considering opening an entire line of exploration to concentrate on shale gas in the northern state of Coahuila in Mexico in a bid to mirror the US's success with this form of energy product.

Juan José Suárez, director general at Pemex, which is one of the few oil companies in the world that develops the entire production chain – upstream, downstream and final product commercialisation – added that shale gas was among the "great future of