By KELIN DILLON On Monday, July 18, Mexican Judge Juan Pablo Gómez Fierro ruled in favor of suspending the Mexican Secretariat of Energy’s policy requiring users of the Integrated National Transportation and Storage System of Natural Gas (Sistrangas) to certify the reception of their supply with one of the State Productive Companies or its affiliates. The policy essentially forced new
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By MARK LORENZANA Federal judges on Tuesday, July 12, put a stop to the order of Mexico’s federal government that forced private companies to buy natural gas from Mexico’s Federal Electricity Commission (CFE) and state oil giant Petróleos Mexicanos (Pemex). Through five amparo (habeas corpus) injunctions, the judges — who specialize in economic-competition cases — suspended the effects of the
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PULSE NEWS MEXICO Just two days after it was revealed that the Mexican Treasury Secretariat’s (Hacienda) Financial Intelligence Unit (FIU) was investigating the financial dealings of previous President Enrique Peña Nieto on possible charges of embezzlement and/or money laundering, it was reported Saturday, July 9, that the FIU is also conducting a financial investigation into other former presidents, including Ernesto
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By KELIN DILLON Several days after Mexican President Andrés Manuel López Obrador (AMLO) inaugurated the controversial Dos Bocas Refinery on Friday, July 1, Mexican journalist Carlos Loret de Mola released a scathing two-part analysis of purported lies featured in López Obrador’s inaugural address, revealing apparent inconsistencies in AMLO’s contentious Tabascan pet project. According to Loret de Mola – a perennial
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By MARK LORENZANA Javier Coello Trejo, former lawyer of Emilio Lozoya Austin — the disgraced former CEO of Mexican state-run oil giant Petróleos Mexicanos (Pemex), who is currently in custody on corruption charges — said on Tuesday, June 28, that he will file a lawsuit for moral damages against Mexican Attorney General (FGR) Alejandro Gertz Manero. On Thursday, June 23,
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By KELIN DILLON After years of contention between the neighboring United States and Mexico over the latter’s energy sector, according to a report by U.S. news´service Bloomberg, the office of U.S. Trade Representative Katherine Tai is working to amp up its complaints against Mexico surrounding its violations of the United States-Mexico-Canada Agreement (USMCA) and is expected to submit a request
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By MARK LORENZANA The value of oil imports and the trade deficit in hydrocarbons reached an all-time high in the first five months of the year due to the global rise in crude oil prices, a situation that could complicate Mexico’s public finances, experts said on Tuesday, June 28. From January to May of this year, the prices of light
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OPINION By THÉRÈSE MARGOLIS It isn’t hard to find dirt on Mexico’s Maccise family, a devious mafia of media power and political imposition based out of Toluca, in the State of Mexico (EdoMéx), that has used its money and political clout to influence elections, silence reporters and bulldoze legislation for its own agenda for more than three decades. The family’s
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By MARK LORENZANA Mexico’s Secretary of Energy Rocío Nahle on Monday, June 13, sent an official letter to the Energy Regulatory Commission (CRE) and the National Gas Control Center (Cenagas), instructing them to modify regulations and transport contracts for natural gas, which would favor Mexico’s Federal Electricity Commission (CFE) and state oil giant Petróleos Mexicanos (Pemex). This direct order from
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By MARK LORENZANA According to a report by the Wall Street Journal (WSJ) on Sunday, June 12, the government of Mexican President Andrés Manuel López Obrador (AMLO) “is shifting the country to a 1970s industrial policy” and has resorted to “greater state intervention” by targeting privately owned energy firms legally operating in Mexico and “backing state-run energy giants.” The WSJ
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