Mexico may increase crude production to 3 million barrels a day in 2009 as state-owned Petroleos Mexicanos pumps more oil to make up for the biggest drop in output in a dozen years at its largest field, the country's energy minister said.
"Petroleos Mexicanos is taking measures internally to raise production to 3 million barrels a day by the end of this year or the start of next year," Energy Minister Georgina Kessel said in an interview in Mexico City today.

The government needs to raise Pemex's budget 66 percent to $30 billion annually to help it maintain production goals of 3 million to 3.1 million barrels a day of crude through 2012, Kessel said. ... Read full article