Tag Archives: Pemex

Mexican Steel King Denied Bail

By RICARDO CASTILLO Mexican steel tycoon Alonso Ancira was extradited from Spain to Mexico on Wednesday, Feb 3, to face trial in Mexico on charges of defrauding the government. After several hours in the Attorney General’s Office facilities, Ancira was reportedly taken to the Northside Penitentiary, where he will continue to hear the accusations against him. The former CEO of

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Alonso Ancira Extradited to Mexico

By THE PULSE NEWS MEXICO STAFF Mexico’s Attorney General’s Office (FGR) announced on Wednesday, Feb. 3, that the government of Spain had extradited disgraced Mexican businessman Alonso Ancira Elizondo back to Mexico that very same day. Ancira was transferred from Palma de Mallorca jail early on Wednesday morning onto an official Mexican aircraft and was expected to arrive the same

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Pemex Gas Production Falls to New Low

By THE PULSE NEWS MEXICO STAFF Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, had the lowest recorded gasoline production on record in its existence in 2020, according to government figures. Gasoline production reached an average of 185,600 barrels per day, down 8 percent from the previous year. However, internal sales of Pemex gas managed to increase by 4 percent, reaching

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