President Andres Manuel Lopez Obrador (AMLO) visited Pemex’s facilities in Hidalgo, where he made a series of promises to workers from the Mexican Republic Oil Workers Union (STPRM). These and other stories in our periodic summary of labor-related issues.
Andres Manuel Lopez Obrador (AMLO), President of Mexico, indefinitely froze oil auctions in the country, arguing that companies were not investing or giving results. Alfonso Romo Garza, Chief of the President’s Office, spoke on this topic, generating positive expectations.
Andres Manuel Lopez Obrador (AMLO) has argued that private companies are not investing in the oil sector and he decided to indefinitely freeze new rounds because of this situation. However, foreign companies have made large investments in the sector in recent years.