Tax rates trip up Mexico bidders

Oil regulators in Mexico have thrown out four of the first 12 bids received in the country’s initial offshore bid round after operators failed to meet the government’s profits tax rate.

Tripped up: Operators' offers come in too low
Tripped up: Operators' offers come in too low
Published 15 July 2015, 17:13Updated 17 October 2016, 12:34