Tag Archives: gasline

Failed Arbitration with Canada Cost CFE $85 Million

PULSE NEWS MEXICO Mexico’s state-owned Federal Electricity Commission (CFE) lost an international arbitration case last year against Canada’s ATCO Ltd and had to pay compensation of more than $85 million, according to three people familiar with the matter. Although the case involved the construction of a gas pipeline that had been contracted by the previous administration, it shows the type

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AMLO’s War on Huachicol Has Several Fronts

By RICARDO CASTILLO     By shutting off the ducts carrying fuel from the state-owned Petróleos Mexicanos (Pemex) in order to stop robbery, Mexican President Andrés Manuel López Obrador (AMLO) opened up a Pandora’s box. His problem is now how to shut it closed again. AMLO’s open declaration of war against huachicol (pronounce wa-chee-kol), or fuel theft, is, 17 days since it

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