Puerto Vallarta News

Puerto Vallarta News

Scotiabank expects to finance $10 bn in energy projects in Mexico

Canadian banking giant Scotiabank plans to finance oil industry projects worth $10 billion in Mexico over the next four years, a high-level executive said.

Oil giants BP and ExxonMobil are among the companies interested in developing projects in the Gulf of Mexico, Scotiabank's Latin America director, Paul D'Agata, told Efe.

A large number of mid-sized firms will participate in the huge oil projects, D'Agata, who attended the 77th Mexican Bankers Association, or ABM, annual convention in the Pacific resort city of Acapulco, said.

Scotiabank has provided financing for some of the world's largest companies . . .

Read Full Story

Related Posts

Mexican skater Donovan Carrillo makes history with second Olympic run

Mexican skater Donovan Carrillo makes history with second Olympic run

Mexican skater Donovan Carrillo ends his second Olympic campaign at Milano-Cortina with a season-best score...
VINOMA 2026 Puerto Vallarta

Vinoma Fest 2026 brings wine & food back to Puerto Vallarta

Vinoma Fest 2026 returns to Puerto Vallarta March 5–7, uniting world-class wines with gourmet cuisine...
August sargassum forecast challenges Riviera Maya tourism

Record Sargassum May Soon Hit Riviera Maya Beaches

Monitors warn of heavy sargassum heading for Quintana Roo. Riviera Maya towns ready barriers, cleanup,...
Los Cabos Sea Lions Rescued After Fishing Line Entanglements

Los Cabos Sea Lions Rescued After Fishing Line Entanglements

Profepa says five sea lions in Los Cabos and La Paz were freed from fishing...