Pemex Continues to Reward Dos Bocas Contracts Without Bids
Approximately 99 percent of Dos Bocas’ 201 contracts were made public with the actual sum awarded to its contractors censored
Read moreTag Archives: oil refinery
Pemex’s Oil-Refining Operations Lose Millions of Pesos per Hour
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 moreFinancial Times Calls on AMLO to ‘Learn from his Mistakes’
By THE PULSE NEWS MEXICO STAFF London’s esteemed Financial Times (FT) newspaper on Sunday, March 6, called on Mexican President Andrés Manuel López Obrador (AMLO) to “learn from his mistakes” and “to rethink his policies” that are dragging the country back to the 1960s. “López Obrador was famous for defying political gravity,” the world’s leading business publication said in an
Read moreIt’s One, Two, Three Strikes for AMLO
By THÉRÈSE MARGOLIS Mexican President Andrés Manuel López Obrador (AMLO) has been having a bad week. As Mexican journalist Carlos Loret de Mola astutely pointed out in his Wednesday, May 26, column in El Universal daily newspaper, so far this week, AMLO’s so-called Fourth Transformation (4T) national redux has been leveled by a triple political whammy as a perfect storm
Read moreMexico News Roundup
By THÉRÈSE MARGOLIS Thugs in Uniforms Mexican President Andrés Manuel López Obrador’s (AMLO) ever-expanding army of National Guard (GN) troops has been flexing its muscles in a violent show of force against civilians, proving once again that unbridled military power is a threat to the nation and the Mexican people alike. In just the last month alone, members of AMLO’s
Read moreAMLO’s Informe Was Delusional
By THÉRÈSE MARGOLIS Critics of Mexican President Andrés Manuel López Obrador (AMLO) wasted no time after his 45-minute Informe de Gobierno (State of the Nation Address) on Tuesday, Sept. 1, to attack his annual report as “false,” “misleading” and “delusional.” In the address — the second in the president’s six-year term — AMLO congratulated himself and his leftwing administration for
Read moreAMLO Says Dos Bocas Refinery Still on Track
By THE PULSE NEWS MEXICO STAFF Despite the fact that one day earlier his government’s Finance Undersecretary Arturo Herrera told the Financial Times in London that construction of the Dos Bocas refinery in the southeastern state of Tabasco had been put on hold, Mexican President Andrés Manuel López Obrador (AMLO) on Wednesday, March 13, said that the project would proceed
Read more