Tag Archives: Petróleos Mexicanos

AMLO Sends Aid to Help Cuba Put Out Oil Fire

PULSE NEWS MEXICO As a massive crude oil fire in the Cuban port of Matanzas continued to burn for a second day, spreading to yet another storage tank and threatening the island nation’s already-limited energy supply, Mexican President Andrés Manuel López Obrador (AMLO) on Saturday, Aug. 6, announced that he would be sending humanitarian assistance in the form of military

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Washington Post: AMLO Gives US No Choice but to Push Back

PULSE NEWS MEXICO In a scathing opinion column published by its editorial board, the Washington Post on Monday, Aug. 1, said that while it would be best for the United States and Mexico to resolve their differences within an “atmosphere of calm and mutual cooperation, with no gratuitous irritations to this vital bilateral relationship,” President Andrés Manuel López Obrador’s (AMLO)

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Mexican Treasury Releases Another 22.5 Billion Pesos for Dos Bocas

By MARK LORENZANA                               Mexican Treasury Secretary Rogelio Ramírez de la O said he authorized a transfer of 22.5 billion pesos, labeled as “urgent,” to the Dos Bocas refinery in the southeastern Mexican state of Tabasco — one of President Andrés Manuel López Obrador’s (AMLO) controversial pet projects — at a meeting of the board of directors of state-run oil giant

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Be Afraid, Be Very Afraid

OPINION By MARK LORENZANA The initial request was reasonable enough. U.S. Trade Representative Katherine Tai said on Wednesday, July 20, that her office — the Office of the United States Trade Representative (USTR) — had been requesting the Mexican government to address some concerns about Mexico’s energy policies that have been inconsistent with the United States-Mexico-Canada Agreement (USMCA). Those U.S.

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US, Canada Seek Consultations with Mexico over Energy Policies

By MARK LORENZANA                                                                                          U.S. Trade Representative Katherine Tai, on Wednesday, July 20, announced that the United States has requested dispute-settlement consultations with the Mexican government under the United States-Mexico-Canada Agreement (USMCA). The consultations relate to certain measures by the government of Mexican President Andrés Manuel López Obrador (AMLO), specifically discriminatory energy policies that have violated provisions in the USMCA. According to

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AMLO Launches Attacks Against Federal Judges

By KELIN DILLON On Tuesday, July 19, Mexican President Andrés Manuel López Obrador (AMLO) used his daily morning press conference to attack the Mexican judges who granted suspensions against the executive’s favored policies and pet megaprojects, falling in line with López Obrador’s preferred strategy of publicly admonishing dissenters of his administration. AMLO took the opportunity to speak out against Specialized

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Judge Suspends Secretariat of Energy’s Gas Transport Policy

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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Sener Decree on Gas Monopoly Halted

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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Mexican Treasury Goes after More Former Presidents

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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