Tag Archives: Energy

Pemex Liable to Pay $16.7 Billion in Debt before End of 2024

By KELIN DILLON According to the new 2023-2027 Business Plan Report presented by Mexico’s state-owned oil company Petróleos Mexicanos (Pemex), Pemex must pay back more than $16.7 billion in debt amortizations before the end of Mexican President Andrés Manuel López Obrador’s (AMLO) six-year term, which is set to end in 2024. The report revealed that Pemex was able to put

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In Search of a Stronger, More Unified North America

OPINION By ERIC FARNSWORTH and EARL ANTHONY WAYNE North America was trending in the midterm elections, although you may have missed it. Think about the top campaign issues in races across the country: economic recovery and job creation, inflation, the price of gasoline, immigration, border security, increasing crime and suffering in communities devastated by fentanyl and other drugs. With the

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Mexican Dependency on Imported Gasoline up 28 Percent

PULSE NEWS MEXICO Mexico’s dependency on imported gasoline — mainly from the United States — has increased by 28 percent annually based on the figures from January to October of this year, data from the country’s Energy Secretariat revealed on Friday, Dec 2. During the first 10 months of 2022, imports of gasoline by the state-run Petróleos Mexicanos (Pemex) increased

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Mexico, US Energy Talks Will Face Bumpy Road Ahead

By KELIN DILLON Following a joint energy trade consultation held in Washington, D.C., between Wednesday, Nov. 30, and Thursday, Dec. 1, Mexican Secretary of the Economy Raquel Buenrostro and U.S. Trade Representative Katherine Tai announced a number of potential proposals to address Mexico and the United States’ ongoing dispute on Mexican energy policy – including potential “tri-national working groups” –

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The Tough Job of Unlocking the USMCA’s Full Potential

OPINION By JOHN BURZAWA, SOPHIE EGAR and EARL ANTHONY WAYNE Part of an ongoing series from the Wilson Center* The United States-Mexico-Canada Agreement (USMCA) provides continent-wide rules, norms and problem-solving processes that can help the three-member countries to continue the trade and coproduction system established under its predecessor, the North American Free Trade Agreement (NAFTA). But if the USMCA is to

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