JOURNAL ARTICLE

Mexican Billionaire Carlos Slim Snaps Up More Assets in Oil Push.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Stillman, Amy 3 of 3

Abstract

The article focuses on Carlos Slim's significant investments in Mexico's offshore oil market, highlighting his plans to spend $270 million to acquire the remaining shares of oil fields off the coast of Campeche. Through his company, Grupo Carso SAB, Slim is purchasing Fieldwood Mexico from Lukoil, which will give him a complete stake in the Ichalkil and Pokoch fields. With over $2.4 billion invested in offshore oil assets, Slim is emerging as a major player in the sector, especially as the state-owned Petroleos Mexicanos (Pemex) struggles with debt and declining production. Slim's partnerships with Pemex, including projects like the Lakach gas project and a $2 billion drilling agreement, may influence the future of Mexico's oil industry. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2026
  • Accession Number:190966458
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