User login

U.S. energy company files USMCA investor dispute notice with Mexico

September 7, 2021 at 5:50 PM
Texas-based Talos Energy Inc. on Friday filed a notice of dispute with Mexico under the U.S.-Mexico-Canada Agreement over the country’s decision to grant authority over a major oil field to a state-controlled company. Talos in 2017 led a consortium of companies that discovered the Zama oil field in the Gulf of Mexico, one of the world’s largest shallow-water oil discoveries in the past two decades. The consortium had made a successful bid in 2015 for the block containing the oilfield...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.