By RICARDO CASTILLO Committees Approve Energy Bill Late Monday, March 1, the Mexican Senate’s Energy, Environment and Legislative Studies Committees approved President Andrés Manuel López Obrador’s (AMLO) controversial electric energy bill, which went to the Senate floor on Tuesday, March 2, for a fast-track vote. AMLO had asked Congress to approve the bill without even the slightest of changes, despite
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By KELIN DILLON Amid the approval of Mexico’s controversial energy reform, the companies the initiative is based around, Mexico’s state-owned Petróleos Mexicanos (Pemex) and Federal Electricity Commission (CFE), each reportedly lost billions of pesos in 2020. According to Pemex’s 2020 financial report, the company lost 480.9 billion pesos last financial year, a staggering 38.2 percent increase in loss from 2019,
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By RICARDO CASTILLO AMLO, Biden in Virtual Meet On Monday, March 1, U.S. President Joe Biden is slated to hold a virtual conference with Mexican President Andrés Manuel López Obrador (AMLO). This will be the second virtual gathering both presidents have, the last one having been on Jan. 22. According to White House sources, the two are expected to discuss
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By KELIN DILLON Following the approval of Mexican President Andrés Manuel López Obrador’s (AMLO) controversial energy bill by Mexico’s lower congressional house on Wednesday, Feb. 24, the private sector is speaking out in a last-ditch effort to stop the bill’s ratification in the Senate. The new bill would give Mexico’s state-owned Federal Electricity Commission (CFE) priority uploading of its energy
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By RICARDO CASTILLO Cabeza de Vaca Jumps the Gun After Tamaulipas Governor Francisco García Cabeza de Vaca, along with his fellow National Action Party (PAN) deputies, headed by minority leader Carlos Romero Hicks, took the facility nearly by storm on Wednesday, Feb. 24, and held a press conference claiming that he was a victim of a witch hunt being directed
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By RICARDO CASTILLO Electricity Bill It will come as no surprise for most people in Mexico that President Andrés Manuel López Obrador’s (AMLO) Electricity Reform Bill was approved by the Chamber of Deputies, as programmed by Congress’ majority rule, now in the hands of the leftist National Regeneration Movement (Morena) political party, and will now head to the Senate. If
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By THÉRÈSE MARGOLIS When more than 4.7 million homes in the north of Mexico were left without light or heating on Monday, Feb. 15, President Andrés Manuel López Obrador (AMLO) was quick to resort to his favorite stock scapegoat for the subsequent humanitarian and economic repercussions: Blame it on past administrations. True to form, rather than assuming responsibility for the
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By RICARDO CASTILLO Electricity Reform Bill Mexican President Andrés Manuel López Obrador (AMLO) on Sunday, Feb. 21, pleaded with Congress to pass his electricity reform bill. “I hope next week the (electricity) reform I presented to Congress will be approved to help strengthen the (state-owned) Federal Electricity Commission (CFE),” he said. AMLO spoke about the electricity bill in two acts
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By RICARDO CASTILLO Texas Gas Shortage The Arctic vortex that hit Texas and the north of Mexico on Monday, Feb. 15, did not catch the Federal Electricity Commission (CFE) unprepared, said the commission’s director, Manuel Bartlett Díaz. The cold spell was expected, and the subsequent gas shortage it produced was also to be expected, he said, but not just for
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By KELIN DILLON Mexico’s National Energy Control Center (Cenace) has been planning strategically timed blackouts across the country to help reduce energy consumption following a low supply of natural gas, which have now been affecting parts of Mexico that were never planned to lose power. Northern Mexico mainly uses gas to generate its energy, and the Texas pipeline that brings
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