By KELIN DILLON As Mexican President Andrés Manuel López Obrador (AMLO) fast approaches the close of the third official year of his term, his inconsistencies and penchant for overtly targeting his opponents have begun to become more clear than ever to the public of Mexico. López Obrador has used his platform of publicly broadcast press conferences every morning of the
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By KELIN DILLON A massive extra 68 billion pesos have been given to the construction of Mexico’s controversial Dos Bocas refinery in Tabasco during the first semester of 2021 — more than what was given to the country’s health sector during the same time period despite the deadly coronavirus pandemic. Data from Mexico’s Secretariat of Finance (SHCP) revealed the initially
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By KELIN DILLON The deadly explosion on Mexican oil venture Petróleos Mexicanos’ (Pemex) Ku-Alfa platform in the Campeche Sound, which left five dead and two missing, will now result in a 25 percent loss in production for the state-owned company. A total of 142 wells were closed after the disaster, slowing production by 421,000 barrels of oil a day. “The
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By KELIN DILLON After an explosion occurred on the E-Ku-A2 platform of Mexico’s state-owned oil company’s Petróleos Mexicanos (Pemex) on Sunday, Aug. 22, five workers have been declared dead, six injured and two more remain missing. Located in the Campeche Sound and valued as one of Pemex’s most important production assets, Ku-Alfa is the company’s second platform to experience a
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By KELIN DILLON Just two days after former Mexican presidential candidate Ricardo Anaya released a video proclaiming his innocence, he has now announced his full exile from Mexico after the country’s Attorney General-s Office (FGR) summoned him to appear in Mexico City’s North Prison for a hearing this upcoming Thursday,Aug. 26. “In times of autocrats like President Andrés Manuel López
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By KELIN DILLON In a video published on Saturday, Aug. 21, former Mexican presidential candidate Ricardo Anaya claimed he was being persecuted by President Andrés Manuel López Obrador (AMLO) and noted he would be outside of Mexico for some time, though his present location still remains unknown. Likewise, National Action Party (PAN) President Marko Cortés claimed he recently spoke to
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By KELIN DILLON Following his ratification as the head of Mexico’s Secretariat of Finance and Public Credit (SHCP), incoming Secretary of the Treasury Rogelio Ramírez de la O promised he would simplify the country’s tax structure in accordance with President Andrés Manuel López Obrador’s (AMLO) economic plan. “Small and medium taxpayers cannot meet their obligations with the complex and expensive
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By THÉRÈSE MARGOLIS When the international rating agency Moody’s Analytics downgraded Mexico’s state-run oil giant Petróleos Mexicanos credit again earlier this week — this time to out-and-out “junk” with a “negative outlook” — it should have set alarm bells ringing nationwide as to the country’s credibility with investors and lenders. Moody’s new rock-bottom Ba3 rating — based mostly on the
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By THE PULSE NEWS MEXICVO STAFF The rate of methane leaks from Mexico’s oil and gas operations is twice as high as that of the world’s top oil producer, the United States, according to a report issued this week by the U.S-based nonprofit Environmental Defense Fund (EDF) A byproduct of the oil and gas industry, methane gas, which is invisible and
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