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Oil Workers Union has Spent Over 95 pct of $39.3 Million Pemex Loan

Some 95.4 percent of the interest-free loan of 500 million pesos (about $39.3 million) provided by state-owned oil giant Petroleos Mexicanos, or Pemex, in 2011 for employee housing has been spent, the STPRM oil workers union said. continue reading »