• SHARE

Japan National Oil Corp. has acquired exclusive exploration rights to major Mexican oil fields, paving the way for Japan to lessen its dependency on Middle Eastern oil, according to government sources.

JNOC was handed exclusive rights to explore the Chicontepec oil fields, situated on land along the Gulf of Mexico and east of Mexico City.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW