By THE PULSE NEWS MEXICO STAFF A strike by distributors and commissioners of one of Mexico’s largest gas unions, begun on Monday, Aug. 2, will continue until a price agreement is worked out with the government, according to industry leaders. The closure of natural (LP) gas distribution stations given the Andrés Manuel López Obrador (AMLO) administration’s arbitrary decision over the
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By KELIN DILLON As of Sunday, Aug. 1, a new scheme of price limits on liquified petroleum (LP) natural gas has been enacted throughout Mexico, with the cost cap varying from state to state and within municipalities. Thanks to an initiative by the country’s Secretariat of Energy (Sener), the price limit will be set on a weekly basis by the
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By THE PULSE NEWS MEXICO STAFF Mexico’s Energy Secretariat (Sener) on Tuesday, July 27, ordered the country’s Energy Regulatory Commission (CRE) to put an emergency maximum ceiling on natural gas prices in the face of soaring consumer costs. Sener gave the CRE just three days to establish a new pricing system that would guarantee affordable access for all consumers. In
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By THE PULSE NEWS MEXICVO STAFF The rate of methane leaks from Mexico’s oil and gas operations is twice as high as that of the world’s top oil producer, the United States, according to a report issued this week by the U.S-based nonprofit Environmental Defense Fund (EDF) A byproduct of the oil and gas industry, methane gas, which is invisible and
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By THE PULSE NEWS MEXICO STAFF Mexico’s auto parts exports increased by 27.5 percent in the first four months of 2021, compared to the same period in 2020, according to the National Auto Parts Industry Association (INA). The surge — the largest increase since 2010 — was primarily the result of the implementation of the United States-Mexico-Canada Agreement (USMCA), which
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By KELIN DILLON Questions have arisen surrounding the capability of Mexico’s state-owned Federal Electricity Commission (CFE) to pay for a proposed six new projects for its infrastructure. The company’s new investment plan would require 62 billion pesos in funding, which would generate an estimated 4,438 megawatts of energy in turn. Now, companies looking to potentially join in on the projects
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By THE PULSE NEWS MEXICO STAFF The leftist government of Mexican President Andrés Manuel López Obrador (AMLO) announced this week that it will now restrict fuel imports to state-run agencies, thus dealing yet another blow to private-sector energy companies. On June 11, the Mexico’s Tax Administration Service (SAT) published a change to its foreign trade rules forbidding private parties from
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By THE PULSE NEWS MEXICO STAFF Faced with rising natural gas costs across the nation, Mexican President Andrés Manuel López Obrador announced Wednesday, July 7, that his administration will soon open its own gas distribution company. “We are preparing the creation of a company to distribute gas at a fair price. It will be called Gas Bienestar (Gas Wellbeing) and
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By THE PULSE NEWS MEXICO STAFF Mexico’s state-run oil company Petróleos Mexicanos (Pemex) late Friday, July 2, reported a massive natural gas leak from the rupture of an underwater pipeline in the Gulf of Mexico. The leak, which led to a gigantic fire on the water’s surface, occurred at the offshore Ku-Maloob-Zaap rig about 500 feet from a drilling platform.
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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO), nearly three years into his six-year term, spoke to the nation in a televised address on Thursday, July 1, marking the third anniversary of his 2018 electoral victory. During the 40-minute address, AMLO showcased what he said were his administration’s most important successes and made predictions for
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