By KELIN DILLON According to new estimates from the the World Bank’s Global Gas Flaring Tracker 2022 Monitoring Report, Mexico has burned and effectively wasted approximately $2 billion worth of natural gas over the past three years, as state-owned oil company Petróleos Mexicanos’ (Pemex) lack of functional storage infrastructure has made it impossible to save and store the natural gas
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By KELIN DILLON After years of threatening to reduce the efficacy of Mexico’s National Electoral Institute (INE), Mexican President Andrés Manuel López Obrador’s (AMLO) administration and National Regeneration Movement (Morena) – acting under López Obrador’s Fourth Transformation (4T) campaign promise – finally attempted to make good on its promise, proposing to slash the INE’s requested budget for 2023 by 4.475
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By MARK LORENZANA Petróleos Mexicanos (Pemex) directly awarded a contract to a private firm to rent out 41,000 computers and other 16,000 pieces of peripheral hardware to Mexico’s state-owned oil company for the next four years. The company, Tec Pluss, distributor of Dell Computers in Mexico, won on Sept. 9 the open contract for up to 2.99 billion pesos, value-added
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By KELIN DILLON On Wednesday, Sept. 28, it came to light that three officials from Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) were reported to the Secretariat of Public Administration (SFP) and Attorney General of the Republic (FGR) for allegedly accepting bribes in exchange for valuable contracts, favoring certain suppliers over others, and putting the overall quality of Mexican gasoline
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By KELIN DILLON As Mexico continues to put focus on its home-grown oil assets as part of President Andrés Manuel López Obrador’s (AMLO) initiative for the nation’s energy self-sufficiency, which has included investments such as the costly construction of the Dos Bocas crude oil refinery in Tabasco, Mexico continues to move away from meeting its annual oil production goals —
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PULSE NEWS MEXICO By the year 2023, Mexico’s public debt is expected to reach 1.08 trillion pesos, representing an increase of 29.9 percent compared to the 2022 budget, according to a breakdown of President Andrés Manuel López Obrador’s (AMLO) new proposed annual economic package. The 2023 package, which was presented by the AMLO administration to Congress on Thursday, Sept. 8,
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By KELIN DILLON According to reports from Sunday, Aug. 14, five men arrested for involvement in Thursday’s lethal attack on Ciudad Juárez, in which at least 11 people were killed, were sentenced to preventative detention for no more than two years in prison as they continue to be investigated for the crimes of attempted homicide and damages. The accused individuals
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By MARK LORENZANA Even as 10 miners remain trapped in a collapsed mine in the Mexican state of Coahuila, the government of President Andrés Manuel López Obrador (AMLO) has been reportedly paying 500,000 pesos a day for the aid — in the form of a firefighting ship — that it has provided Cuba to help the island nation extinguish a
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By MARK LORENZANA José Ramón López Beltrán, eldest son of Mexican President Andrés Manuel López Obrador (AMLO), warned Senator Xóchitl Gálvez of the conservative National Action Party (PAN) that he would take legal action against the legislator for “invading the property of others” and “not respecting” his “right to privacy.” “I reserve the right to take any legal action against
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