CLEAN : Despite cuts Mexicos Pemex still plans on deep water drilling

The video discusses the varying production costs in oil wells and Pemex's focus on profitable production at $25. It highlights Pemex's strategic move into deep waters through partnerships, reducing financial resource requirements and sharing risks. Pemex remains a key player in Mexico's energy sector, especially with the energy reform, but it will no longer be the sole entity in this space.

What does the text imply about the financial requirements for Pemex's projects?

What role will Pemex play in the new energy development according to the text?