MEXICAN OIL
Foreign Capitalists MAY LOSE ALL THEIR CONCESSIONS. (Received August 24, 5.5 P- m -? LONDON, August 24. As a sequel to the increasingly unfavourable position of the foreign oil companies in Mexico of which the shares of the most important, the Mexican Eagles, have slumped fifty per cent, on the Stock Exchange in the past few weeks, the British Government is considering the making oi representations to Mexico. It is feared that the present o concessions to foreign interests will not be renewed upon their expiry. Mexico aims at the nationalisation of the entire oil industry.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA19370825.2.17
Bibliographic details
Grey River Argus, 25 August 1937, Page 5
Word Count
97MEXICAN OIL Grey River Argus, 25 August 1937, Page 5
Using This Item
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.