ENERGY

PEMEX Restructuring Plan Sent to Mexican Congress: President Carlos Salinas de Gortari has sent his country’s lawmakers a bill to restructure the state oil monopoly, Petroleos Mexicanos, as a consortium of semiautonomous enterprises. The legislation was presented to the House of Deputies. The plan calls for dividing PEMEX into four companies that would handle exploration, refining, production and marketing. The step, requested by Salinas under his economic reform plan, would grant the new enterprises greater leeway to conduct business while the monopoly retains overall control.