Mexico names new head of troubled state oil company

A U.S.-educated economist took up the reins of state oil company Pemex in one of several Cabinet changes announced Monday by President Enrique Pena Nieto.

Jose Antonio Gonzalez Anaya was sworn in as head of Pemex, which has been hit hard by the plunge in global crude prices as Mexico embarks on an ambitious overhaul of its energy sector.




Source: Associated Press