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

San Miguel de Allende

San Miguel de Allende ends 2025 still on top for travelers

San Miguel de Allende capped 2025 as a crowd magnet, with global awards, heritage status,...
San Miguel holiday security

San Miguel holiday security tightens for year-end crowds

San Miguel holiday security is ramping up with patrols and checkpoints, plus strict vehicle and...
Puerto Vallarta cruise arrivals

Puerto Vallarta cruise arrivals end 2025 with a bang

Puerto Vallarta cruise arrivals wrapped 2025 with two ships in port, then one final call...
Puerto Vallarta traffic surge

Puerto Vallarta traffic surge jams three main entrances

Puerto Vallarta traffic surge builds on Highways 200 and 544, with morning counts showing dozens...