The Attorney General of the Republic announced the warrants correspond to García Luna and his conspirators’ alleged role in trafficking weapons into Mexico, as well as embezzlement related to contracts and construction of the nation’s prison system
Read more
Grupo Cemza subsidiaries Marinsa and Enermar were recently granted 160 million pesos worth of contracts by Petróleos Mexicanos despite allegations of money laundering and non-compliance against the parent company’s leadership
Read more
López Obrador went on to say that the alleged amount of 100 million pesos “is nothing” in terms of government contracts
Read more
The new legislative proposal is seeking to change the way the Mexican federal government terminates its contracts with suppliers
Read more
The Mexico City government reportedly spent 57.95 billion pesos on public contracts in 2022 alone, with next to no details surrounding the year’s contracts involved made transparent to the public
Read more
The newly acquired information reveals that a Baker Hughes subsidiary signed a contract with Pemex Procurement International (PPI) at its Houston headquarters on Aug. 16, 2019, the very same day López Beltrán and his wife moved into Schilling’s Houston mansion
Read more
By THÉRÈSE MARGOLIS Mexican President Andrés Manuel López Obrador (AMLO) said Friday, March 25, that under his controversial proposed Electricity Reform Bill, which would prioritize state-run companies using carbon-based fuels over private clean energy sources, there will be no government compensation for losses incurred by private-sector suppliers. In response to concerns expressed by U.S. Trade Representative Katherine Tai, who on
Read more
By THE PULSE NEWS MEXICO STAFF Mexico’s lower house Chamber of Deputies pulled out all the stops when it came to spending in the second half of 2021, handing out untendered contracts right and left (well, maybe more left than right) for unbidded-on services and goods in an effort to use up its allocated annual budget. During the second session
Read more
By RICARDO CASTILLO There’s an old Mexican adage that says that it is cheaper to make a poor deal than to fight a great fight. This might seem to be exactly what happened in the negotiations headed by Mexico’s Federal Electricity Commission (CFE) Director Manuel Bartlett Díaz and seven gas pipeline companies that signed contracts for gas ducts with the
Read more
By RICARDO CASTILLO Mexico’s state-owned energy companies Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) continue to be leading problems for the administration of President Andrés Manuel López Obrador (AMLO). Both are separate entities that must be dealt with separately. So we’ll start with a look at Pemex, and then consider th CFE a few paragraphs down. Pemex and
Read more