Air Liquide says compensation talks under way after expropriation, Reuters reports

Compensation talks were under way following the expropriation earlier this month of a plant at a major Mexican oil refinery that was sold to France’s Air Liquide several years ago, the company’s chief executive said on Tuesday, according to Reuters. Mexico’s energy ministry announced the expropriation of the hydrogen plant at the Tula refinery, owned and operated by state oil company Pemex, on Feb. 8, citing the need to safeguard motor fuels production that it argued was threatened by the third-party supply of hydrogen.