Tag Archives: oil

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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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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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

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The Missing Links in the Indo-Pacific Economic Framework

OPINION By JUAN CARLOS BAKER Part of an ongoing series from the Wilson Center* A lot has happened in trade matters since the United States withdrew from the Trans-Pacific Partnership (TTP) in 2019. The TPP entered into force in December 2018 without the United States but including Mexico and Canada. It was then rebranded as the Comprehensive and Progressive Transpacific Partnership

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