The Mexican government has approved a fiscal stimulus measure that could see Pemex raise oil production by as much as 400,000 bpd, S&P Global Platts reports, quoting the country’s Finance Minister, Carlos Urzua. The legislation concerns a credit agreement with a group of lenders including HSBC, JP Morgan, and Mizuho Securities. Under the new terms, the maturity of a loan of US$5.5 billion will be extended by two years and some US$2.5 billion in existing debt will be refinanced, the official said. The money will be used to boost oil production…