By KELIN DILLON In the central Mexican state of Hidalgo, gangs of huachicoleros – gas thieves and resellers – have taken their operations to another level of stealth, building secret underground tunnels to tap into and siphon gas from the area’s network of Petróleos Mexicanos (Pemex) pipelines without detection. According to soldiers stationed in the region, the huachicoleros are able
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By KELIN DILLON Petróleos Mexicanos (Pemex), Mexico’s government-owned petroleum company, is reportedly on track to have a record-breaking amount of stolen gas in the year 2021, thanks to Mexico’s “huachicoleros,” meaning gas thieves. Since the official record of gas thefts in the country in 2011, the huachicoleros reportedly upped their efforts 3,108 percent between 2019 and May of 2021. Pemex’s
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By RICARDO CASTILLO The talk of the day in Mexico continues to be the arrests for trial of alleged Petróleos Mexicanos (Pemex) budget-sacking artists Emilio Lozoya Austin and José Antonio Yépez Ortiz. The first is accused of crooked moves as director of the national oil company ,and the second actually is said to have called himself “owner” of the Pemex-owned
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By RICARDO CASTILLO Weathering a Perfect Storm Over the past few days, representatives of all o Mexico’s major banks have held separate press conferences previous to the annual Mexico Banks Association Convention, now being held in Acapulco. Each of the interviewed representatives showed acceptance for the policies of Mexican President Andrés Manuel López Obrador (AMLO). This is an indicator that
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By RICARDO CASTILLO A year ago at this time, Mexican President Andrés Manuel López Obrador (AMLO) declared a full-fledged frontal war on fuel thieves, nicknamed “huachicoleros.” In just a few months, the hordes of fuel duct-spiking gangs were deprived of gasoline as the lines were dried out, and by March, AMLO announced the huachicol had been stopped by as much
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By RICARDO CASTILLO On Sunday, June 2, Mexican President Andrés Manuel López Obrador (AMLO) flagged the initiation of the construction of a new oil refinery at the Tabasco double-cove port known as Dos Bocas. Unlike in the case of his initial move to bring an end to the massive fuel theft that was going on at the state-owned company Petróleos
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By RICARDO CASTILLO Lest we forget: One of the unkept promises that helped to topple the popularity of former Mexican President Enrique Peña Nieto was his much-repeated outright lie that with his Energy Reform and Pemex joining free-market competition, “fuel prices will come down.” On Jan. 1, 2017, Peña Nieto made the grave error of liberating gasoline and diesel prices.
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By RICARDO CASTILLO Mexican President Andrés Manuel López Obrador(AMLO) is currently preparing his report on his first 100 days in office. The precise day will be Sunday, March 10, but he’s already announced that he will instead blow his own horn on Monday, March 11, during his daily morning press conference at the National Palace in Mexico City. Last Wednesday,March
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By RICARDO CASTILLO There’s no question about it: Mexico’s once-prolific cash cow has run dry. The country’s economic national pride, the state-run oil giant Petróleos Mexicanos (Pemex), is now in financial straits, with its latest corporate report showing that just in the last quarter of 2018, it “lost” over 2 billion pesos. That definitely makes Pemex the only oil company
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By EARL ANTHONY WAYNE (The following article first appeared in the U.S. political website “The Hill” and is being republished in Pulse News Mexico with specific prior permission.) The negotiations in Washington over security at the U.S. southern border should focus on three of the real emergencies that are causing widespread human suffering and exacting high costs in both the United States and Mexico: illegal drug trafficking
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