Brazil and Mexico Advance a Petrobras–Pemex Energy Accord as Diesel Output Hits a Record

Economy: Rio de Janeiro Key Facts —Accord. Foreign Minister Mauro Vieira spotlighted a Brazil–Mexico energy-security pact underpinning cooperation between Petrobras and Mexico’s Pemex. —Basis. The two state oil companies signed a memorandum on joint work in exploration, production and refining, including in the deep Gulf of Mexico. —Diesel. Petrobras also reported record July diesel output,…