Mexican President-elect Andres Manuel Lopez Obrador said on Saturday that crude production in the country is expected to reach at least 2.6 million barrels per day (bpd) by the end of his administration, up from current levels of 1.8 million bpd. Mexico’s president-elect Andres Manuel Lopez Obrador speaks to the media during a news conference in Mexico City Mexico, August 31, 2018. REUTERS/Edgard Garrido Lopez Obrador added that new tenders for drilling oil wells announced this week will take place on state oil firm Pemex’s [PEMX.UL] fields and shallow waters. “The public investment will be dedicated to extracting petroleum in Pemex’s territory,” he said. “Those platforms that are not being occupied will have work again.” Lopez Obrador said earlier this week that the tenders will begin in December but did not provide further details. To boost production, Pemex will need to strike agreements with companies […]