By KELIN DILLON A massive extra 68 billion pesos have been given to the construction of Mexico’s controversial Dos Bocas refinery in Tabasco during the first semester of 2021 — more than what was given to the country’s health sector during the same time period despite the deadly coronavirus pandemic. Data from Mexico’s Secretariat of Finance (SHCP) revealed the initially
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By KELIN DILLON Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) announced its acquisition of the Deer Park refinery in Texas on Monday, May 24, for the sum of $596 million dollars for 50 percent of the shares from Shell Oil Company to complete the purchase, as Mexico already held the other half of the shares. Part of Pemex’s acquisition from
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By KELIN DILLON The construction of Mexico’s Dos Bocas refinery will take more time than expected to complete, and as such, will require an increased budget to help finish the project, said the Petróleos Mexicanos (Pemex) Board of Directors. The refinery is now set to cost the nation up to $12.4 billion, over $3.5 billion more than estimated last year.
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By KELIN DILLON Mexico’s expanding military, under the lead of President Andrés Manuel López Obrador (AMLO), has seen its trust increased by 32.4 percent already in the first quarter of 2021 since the end of 2020, according to a report published in Reforma. Figures show the Military Equipment Administration and Payment Trust (Fidape) received 15.8 billion pesos in funding just
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By THE PULSE NEWS MEXICO STAFF As Mexican President Andrés Manuel López Obrador (AMLO) continues with his quest to rewrite the Mexican Constitution, undo the energy reform implemented by his predecessor, grasp control of all three powers of government and stack the Congress with even more of his leftist National Regeneration Movement (Morena) cohorts, the National Electoral Institute (INE) is
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By RICARDO CASTILLO Ebrard and Sullivan Talk Migration A new era in Mexican-U.S. diplomatic relations began Wednesday, Jan. 6, with a video conference between Foreign Relations Secretary (SRE) Marcelo Ebrard Casaubón and President-elect Joe Biden’s National Security spokesman, Jake Sullivan. Both agreed that the most important issue in a new bilateral agenda is to collaborate in order to have a
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By RICARDO CASTILLO It took Mexican President Andrés Manuel López Obrador (AMLO) 15 years of campaigning to win the presidency on July 1, 2018. So, if you saw him celebrate on Wednesday, July 1, with a triumphal report to the nation. it meant that he is still gorging on the victory and rubbing it in the faces of all the
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By RICARDO CASTILLO If it’s Cinco de Mayo – in the United States, of course – it’s time to break out the tequila and celebrate. In Mexico, really, the date is just a faded memory of the 1862 Battle of Puebla against the French, who got walloped by a Mexican indigenous army – a minor speck in Mexican history. But
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By RICARDO CASTILLO Thus far in Mexico’s Covid-19 pandemic, 13 state governors are criticizing the administration of President Andrés Manuel López Obrador (AMLO). Whatever he does, he does wrong in the eyes of these 13 beholders. In return, AMLO and his supporters are claiming that at least 11 of the 13 governors, who should be running their states according to
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By RICARDO CASTILLO Now that the annual hoopla of Mexican Independence celebrations is over, the nation will move on with one of the most important issues at hand, which is getting from Congress the approval of the 2020 Economic Package that will go into operation next Dec. 1. The package was delivered to President Andrés Manuel López Obrador (AMLO) on
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