Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Puerto Vallarta Autism Center Set for 2026 Start

Puerto Vallarta Autism Center Set for 2026 Start

Puerto Vallarta says construction on a new autism center could begin in 2026, part of...
daily trash collection

Puerto Vallarta Must Settle 240 Million Trash Debt

Puerto Vallarta is negotiating how to pay more than 240 million pesos after ending its...
Puerto Vallarta new buses

Puerto Vallarta bus fares rise starting this April 1

Puerto Vallarta bus fares rise to 11 pesos on April 1, while students keep a...
puerto vallarta morning news

Puerto Vallarta Morning Coffee News to Start April 1

Bus fares rise, beach warnings stay up, trash pickup shifts, and cruise traffic returns as...