Reported 3 days ago
In 2024, Carlos Slim, the wealthiest man in Latin America, invested $1 billion to expand his oil production and refining portfolio, betting on the continued demand for fossil fuels. Through his family investment office, he acquired significant stakes in US companies PBF Energy and Talos Energy, despite facing a decline in his net worth this year. Slim's strategic moves aim to leverage promising projects like the Zama oil field and the Lakach gas field, solidifying his influence in the oil sector.
Source: YAHOO