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Lula Offers Pemex a Brazil Offshore Deal as New CEO Takes Over

Summary by The Rio Times
Key Facts —The offer: President Luiz Inácio Lula da Silva said on May 14 in Camaçari, Bahia, that Brazil wants to drill in deepwater “in partnership with Mexico’s Pemex in the Gulf of Mexico,” reviving an alliance he first proposed to Claudia Sheinbaum by phone in March. —The timing: The pitch lands one day after […] The post Lula Offers Pemex a Brazil Offshore Deal as New CEO Takes Over appeared first on The Rio Times.

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The Rio Times broke the news in Brazil on Friday, May 15, 2026.
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