Global oil majors from Exxon Mobil Corp. to Chevron Corp . are about to get their clearest indication yet of how far Mexican lawmakers will go to lure them into the world’s second-largest unexplored crude-producing region. Senate committees will begin debating a bill to end a seven-decade state oil monopoly as soon as today. On the agenda is a proposal by members of President Enrique Pena Nieto ’s Institutional Revolutionary Party, or PRI, and the opposition National Action Party, or PAN, to extend a profit-sharing model unveiled in August by also allowing production sharing or a license model used in Brazil, according to two people with knowledge of the talks who asked not to be named as the plan is not yet public. The proposal seeks to offer companies more control over riskier fields and attract enough investment to halt a decade-long output slump in Mexico’s $95 billion industry, […]