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Pemex and Petrobras Embark on High-Risk Venture to Extract Oil from 160 Million-Year-Old Rocks
Pemex and Petrobras are joining forces to explore a layer of the Earth's crust beneath the Gulf of Mexico, seeking to extract oil from rocks that have been undisturbed for 160 million years. The project poses significant physical, financial, and environmental risks, but the potential rewards are substantial.