By KELIN DILLON As Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) continues to bet big on its crude oil refining future through its controversial under-construction Dos Bocas refinery and its official acquisition of the Texan Deer Park refinery at the beginning of 2022, Pemex has seemed to have dealt itself a losing hand. According to new data, Pemex’s refining operations
Read more
By KELIN DILLON On Wednesday, Sept. 28, it came to light that three officials from Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) were reported to the Secretariat of Public Administration (SFP) and Attorney General of the Republic (FGR) for allegedly accepting bribes in exchange for valuable contracts, favoring certain suppliers over others, and putting the overall quality of Mexican gasoline
Read more
By KELIN DILLON As Mexico continues to put focus on its home-grown oil assets as part of President Andrés Manuel López Obrador’s (AMLO) initiative for the nation’s energy self-sufficiency, which has included investments such as the costly construction of the Dos Bocas crude oil refinery in Tabasco, Mexico continues to move away from meeting its annual oil production goals —
Read more
OPINION By THÉRÈSE MARGOLIS There is no accounting for how Mexico’s Treasury Secretariat’s (Hacienda) Tax Administration Service (SAT) decides who to prosecute and who to let slide, other than the fact that, like all government offices directly under Andrés Manuel López Obrador (AMLO), it takes its orders from the president. On Friday, July 29, the SAT notified the internationally disgraced
Read more
By THÉRÈSE MARGOLIS In a scathing report on the state of poverty in Mexico, the New York Times (NYT) on Monday, July 18, pointed out that while President Andrés Manuel López Obrador (AMLO) has repeatedly claimed that fighting poverty is his most important priority, nearly every policy he has enacted has only served to hurt the poor. Nearly four years
Read more
By KELIN DILLON Just 12 days after the “inauguration of the first construction stage” of Mexico’s controversial Dos Bocas refinery, approximately 200 laborers contracted to work on the Tabasco-based project protested their unjustified dismissal from the project outside of the under-construction refinery’s gate on Wednesday, July 13. According to the protestors, the workers were initially hired by Control Ingeniería y
Read more
PULSE NEWS MEXICO Less than three and a half months after he cut the ribbon on his new Felipe Ángeles International Airport (AIFA) — which, due to a plethora of problems, such as a lack of working conveyor belts to move luggage and no viable public transportation to and from the hub, is still receiving just 12 flights per day
Read more
PULSE NEWS MEXICO Just hours after a federal judge ordered a definite suspension of all construction on Section 5 of Mexican President Andrés Manuel López Obrador’s (AMLO) controversial Tren Maya tourist train on Monday, May 30, the National Fund for the Promotion of Tourism (Fonatur) declared that work on that segment of the railway would continue anyway. In a statement
Read more
OPINION By RICARDO CASTILLO The Isthmus of Tehuantepec is back in the news now that U.S. Ambassador to Mexico Ken Salazar announced last week a potential $500 billion investment in the new transoceanic project to link up Salina Cruz in the Pacific with the Coatzacoalcos port in the Gulf of Mexico. Hazy as Salazar’s financial plan may be for now,
Read more
By THE PULSE NEWS MEXICO STAFF In a blow to Mexican President Andrés Manuel López Obrador’s (AMLO) ongoing efforts to concentrate all political power and federal spending decisions into his person, the country’s Supreme Court (CSJN) on Tuesday, April 5, ruled that he will no longer be able to decide how to discretionally dispose of financial resources saved by his
Read more