Pemex Is

(Bloomberg) — Petroleos Mexicanos, the state- owned oil company, should reevaluate its investment plan for the onshore Chicontepec project after oil prices plunged from last year

The Mexican oil producer plans to invest more than $11.1 billion in Chicontepec from 2009 to 2012 to offset a production decline at Cantarell, an aging, offshore field that makes up about one-fourth of the company