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

Mexico’s Fast-Growing Cities Are Hitting Traffic Walls

Mexico’s Fast-Growing Cities Are Hitting Traffic Walls

León, Puebla and Tijuana show how fast growth, pricier housing and weak transit planning are...
Archaeologists warn looting and land sales are destroying a Chalco archaeological site

Archaeologists warn looting and land sales are destroying a Chalco archaeological site

Archaeologists say looting, illegal land sales and encroachment are destroying Los Tlalteles, a major pre-Hispanic...
Puerto Vallarta cruise tourism decline

Puerto Vallarta Prepares for a Three-Ship Cruise Day

Three cruise ships are due in Puerto Vallarta today, bringing heavier activity near the port,...
puerto vallarta morning news

Puerto Vallarta Morning Coffee News For April 14, 2026

Puerto Vallarta starts Tuesday with cruise crowds, heat, smoke haze, higher tolls, and a tourism...