Mexico President Andrés Manuel López Obrador promised Monday to stick with his modest economic recovery plan after the country’s main business groups reacted negatively to the proposal, which would expand Continue Reading
Mexico’s most powerful business lobbies said on Monday that President Andres Manuel Lopez Obrador’s plans to lift the Mexican economy out of a coronavirus-induced crisis were insufficient and more was Continue Reading
Mexico’s President Andres Manuel Lopez Obrador on Sunday will outline measures to alleviate the economic impact of the coronavirus outbreak with a focus on shielding the poor but is likely Continue Reading
Residents asked to remain at home as cases near 1,000 Social distancing could cut demand, imports by 400 MMcf/d As the number of reported coronavirus cases in Mexico continues to Continue Reading
Mexicans on Wednesday feared measures to contain the coronavirus outbreak would lead to widespread looting after criminals robbed stores that were closed and posted calls on social media for people Continue Reading
Petroleos Mexicanos has been in an unrelenting downward spiral for decades. Pemex, Mexico’s state-owned oil company, has seen a vast and speedy decline of its production rates for the last Continue Reading
Mexican state-owned oil firm Petróleos Mexicanos (Pemex) reported on Thursday a net loss of US$8.77 billion (169.8 billion Mexican pesos) for the fourth quarter of 2019, widened from a loss Continue Reading
Royal Dutch Shell Plc is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government. The global oil major Continue Reading
Although the populist economic policies of Mexican President Andres Manuel Lopez Obrador haven’t triggered a significant slowdown in the country’s economy, the reversal of his predecessor’s liberalizing energy reforms are Continue Reading
Mexico’s future is in large part dictated by the future of its oil and gas industry, and the rolling back of landmark energy reforms has now put that all in Continue Reading
