Pemex Slashes Crude Oil Exports in Favor of Gas Production
The move comes as the price of crude oil is projected to increase to $88 per barrel in 2024
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AIFA Lowers Original Projected Passenger Goal by 70 to 80 Percent
By MARK LORENZANA The controversial Felipe Ángeles International Airport (AIFA) — one of Mexican President Andrés Manuel López Obrador’s (AMLO) pet megaprojects — scaled down its projection of transporting 2.4 million passengers this year to 700,000, which is 71 percent less than its original goal. When the AIFA was inaugurated in March of this year, it projected transporting 2.4 million passengers
Read moreMexico’s Methane Leak Rate Is Twice that of US
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
Read moreOnly 37 Percent of Mexicans Trust News Reports
By THÉRÈSE MARGOLIS Only 37 percent of Mexicans believe what they read in newspapers or hear on broadcast news programs, according to the 2021 edition of the Reuters Institute Digital News Report. According to the report, which was published by the Reuters Institute for the Study of Journalism at the University of Oxford in England on Wednesday, June 22, while
Read moreIt’s One, Two, Three Strikes for AMLO
By THÉRÈSE MARGOLIS Mexican President Andrés Manuel López Obrador (AMLO) has been having a bad week. As Mexican journalist Carlos Loret de Mola astutely pointed out in his Wednesday, May 26, column in El Universal daily newspaper, so far this week, AMLO’s so-called Fourth Transformation (4T) national redux has been leveled by a triple political whammy as a perfect storm
Read moreUnited States To Send Surplus Vaccines to Mexico
By KELIN DILLON The Washington Post reported on Thursday, March 18, that the United States will send part of its excess supply of covid-19 vaccines to Mexico, which was then confirmed by Mexico’s Foreign Relations Secretary Marcelo Ebrard and the U.S. White House. “There is a vaccine agreement with the United States, to follow up on the conversation between Presidents
Read moreThe Electrifying War between Concamin and the CFE
By RICARDO CASTILLO Just how far and to where the fight between the Mexican government and clean energy producers will go is an open question. What is a fact now is that private-sector solar and wind electricity producers have filed suits and are going to court. And, meanwhile, Mexican industrial and business organizations are using the issuance of an attempt
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