Dos Bocas originally received 46.2 billion pesos in the construction budget for the year 2019, 45.5 billion pesos in 2020, 113.7 billion pesos in 2021 and 60.9 billion pesos in 2022, with an additional 47.2 billion pesos now allotted to the project for 2023
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By KELIN DILLON Following a joint energy trade consultation held in Washington, D.C., between Wednesday, Nov. 30, and Thursday, Dec. 1, Mexican Secretary of the Economy Raquel Buenrostro and U.S. Trade Representative Katherine Tai announced a number of potential proposals to address Mexico and the United States’ ongoing dispute on Mexican energy policy – including potential “tri-national working groups” –
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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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By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) said on Thursday, July 14, in his daily press conference that there is strong interest from foreign investors to put up solar power plants in the country, but for this to happen control will be given to Mexico’s Secretariat of Energy (Sener), and the main partner will be the Federal
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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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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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PULSE NEWS MEXICO Mexican President Andrés Manuel López Obrador (AMLO) signed an initiative on Tuesday, July 5, eliminating Daylight Savings Time (DST) in order “to not compete with people’s biological clock and to return to ‘God’s clock’.” That initiative was then sent to the Mexican Congress to be approved. Noting that the economic gains resulting from DST were minimal compared
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PULSE NEWS MEXICO Less than three and a half months after he cut the ribbon on his new Felipe Ángeles International Airport (AIFA) — which, due to a plethora of problems, such as a lack of working conveyor belts to move luggage and no viable public transportation to and from the hub, is still receiving just 12 flights per day
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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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OPINION By ALEJANDRO ENVILA FISHER After a resounding failure to pass his controversial electricity reform bill in the April 17 vote at the Chamber of Deputies, Mexican President Andrés Manuel López Obrador (AMLO) and his leftist, in-power National Regeneration Movement (Morena) party have set their aim on yet another target: the opposition. That campaign is gaining traction by Morena further
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