Tag Archives: Pemex

Lozoya Gets Prison without Bail, Again

By THE PULSE NEWS MEXICO STAFF Despite the fact that he is already being detained without bail on corruption charges linked to the international Odebrecht oil scandal, Emilio Lozoya, the former head of Mexico’s state-run oil company Petróleos Mexicanos (Pemex) was ordered yet again to detention without the possibility of bail on Wednesday, Nov. 10, for his alleged defrauding of

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On Heels of WSJ Interview, FGR Seeks to Jail Anaya

By KELIN DILLON Just days after former Mexican presidential candidate Ricardo Anaya released an interview with the Wall Street Journal (WSJ) detailing his perceived persecution by current Mexican President Andrés Manuel López Obrador (AMLO), Mexico’s Attorney General of the Republic (FGR) once again has prepared to launch a warrant for Anaya’s arrest on Monday, Nov. 8. After multiple attempts to

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Former Pemex CEO Lozoya Heads to Jail

By KELIN DILLON On Wednesday, Nov. 3, former CEO of Mexico’s state-owned oil company Petróleos Mexicanos  (Pemex) Emilio Ricardo Lozoya Austin went to court for his role in the Odebrecht case, an international corruption scheme in which Lozoya allegedly received $10 million in bribes for his participation, to request an extension on his lawyers’ investigation and ended up having his

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One Dead, 15 Injured in Puebla Fuel Theft Explosion

XINHUA At least one person died and 15 others were injured in an explosion near an illegal tap on a pipeline belonging to Mexico’s state-owned Petróleos Mexicanos (Pemex) oil company in the central state of Puebla, local authorities said on Sunday, Oct. 31. Puebla Governor Miguel Barbosa said in a press conference that the accident occurred near a liquefied petroleum

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The World According to Bartlett

By ALEJANDRO ENVILA FISHER The question that everyone in Mexico should be asking themselves is whether ordinary citizens are more interested in subsidizing, with their own paychecks and a reduced quality in their public services, an ideologized concept of national sovereignty as purported by President Andrés Manuel López Obrador (AMLO) and his so-called Fourth Transformation (4T), or paying less for

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FGR Looks to Accuse Peña Nieto of Organized Crime

By KELIN DILLON As files from the controversial Odebrecht case, that name former Mexican President Enrique Peña Nieto and his former Treasury Secretary Luis Videgaray as participants in the scheme, have recently been sent to the organized crime unit of Mexico’s Attorney General of the Public (FGR), formal accusations and charges are anticipated to soon follow against the nation’s former

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AMLO Plagued by Strikes, Walkouts and Shutdowns

By THÉRÈSE MARGOLIS Halfway through his six-year term, Mexican President Andrés Manuel López Obrador (AMLO) may claim that nearly 60 percent of Mexicans still support him and his leftist Fourth Transformation (4T) administration, but it’s the remaining 40 percent he needs to worry about. Not only did his National Regeneration Movement (Morena) party  lose significant political terrain in the June

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Lozoya Spotted Dining in High-End Mexico City Restaurant

By THÉRÈSE MARGOLIS Former Petróleos Mexicanos (Pemex) Director Emilio Lozoya — who is supposed to be under house arrest while awaiting a trial for alleged embezzling and corruption — was photographed on Saturday, Oct. 9, dining at the upscale Hunan Chinese restaurant in Mexico City’s posh Colonia Lomas de Chapultepec. The photographs, taken by columnist Lourdes Mendoza of El Financiero

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Pemex Loses 38.4 Percent of Global Market Share under AMLO

By KELIN DILLON Halfway through the six-year administration of Mexican President Andrés Manuel López Obrador (AMLO), Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) has lost 38.4 percent of its stake in the world’s energy market, dropping out of the top 10 most important international oil companies. Just in 2017, Pemex ranked highly in value according to British firm Brand Finance’s

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