President Andrés Manuel Lopez Obrador (AMLO) said that the neoliberal policies implemented by previous administrations negatively affected the industry, but called on Mexicans not to worry about it because he came to ‘save Pemex.’
The government of Andrés Manuel López Obrador (AMLO) has proposed reactivating the energy sector due to the country’s great potential in this area. However, the announced plans have not convinced the market, creating concerns about the industry’s future.
Energy Reform opened the door for new players to compete in the Mexican fuel market. However, even though firms could be importing more gasoline, they are not. Here is why. The development of these and more stories in our periodic Retail summary.
The Head of Mexico’s Presidential Office, Alfonso Romo, spoke about the importance of the private sector in the country, and explained why oil rounds could come back sooner rather than later.
Andres Manuel Lopez Obrador (AMLO), President of Mexico, said no to the implementation of unconventional techniques such as fracking in the country. This decision would have several negative effects on Mexico’s trade balance, especially in matters of natural gas imports.
The government of Andres Manuel Lopez Obrador (AMLO) plans to build a new refinery in Dos Bocas to increase the refining production. Rocio Nahle, Secretary of Energy (Sener), spoke about this project and the Pemex role in this process.
Mexico recently celebrated its 81st oil expropriation anniversary, but with Pemex’s production crisis and the corruption scandals surrounding the Oil Workers Union (STPRM), we wonder what the government is celebrating.
The possible development of unconventional projects has generated controversy in the country due to the concerns about these techniques. Andrés Manuel López Obrador (AMLO) has ruled out the implementation of fracking in Mexico. However, the Secretary of Energy (Sener) published its five-year plan, increasing the areas available for these projects.