Science


Posts filtered by tags: Lopez Obrador[x]


 

Mexico president says no more Pemex oil joint ventures for now

President Andres Manuel Lopez Obrador said on Thursday Mexico will not offer more oil joint ventures between private companies and state energy company Pemex indefinitely, raising doubts about auctions set for October. In reply to a question about the contracts, known in the industry as "farm-outs," Lopez Obrador said the country would not offer more until existing projects began producing oil. Credit ratings agency Fitch downgraded Pemex in January, citing precarious finances and a collapse i...
Tags: Science, Mexico, Fitch, Pemex, Andres Manuel Lopez Obrador, Lopez Obrador


Mexican president calls for steps to keep power prices low

"We are urging companies that have agreements with the Federal Electricity Commission (CFE) to come together to review contracts and above all to reach an agreement that electricity prices will not increase," Lopez Obrador said during his morning press conference. The president, a leftist who took office in December, pledged during the campaign to strengthen the CFE and avoid energy price hikes during his term. Lopez Obrador noted that the state-owned utility is already contractually obliged t...
Tags: Science, CFE, Lopez Obrador, Federal Electricity Commission CFE


Mexico president calls for steps to keep power prices low

Lopez Obrador noted that the state-run utility is already contractually obliged to pay billions of dollars to the private firms that developed seven gas pipelines to supply power stations, even though the projects are incomplete and unable to deliver gas. "If the pipelines can't be built, as is happening in seven large gas pipelines, the companies still have to be paid even if there is no gas," said Lopez Obrador. IEnova's shares dropped 6.7 percent, TransCanada's were down 0.5 percent and Car...
Tags: Science, Mexico, Lopez Obrador, Carso


Mexico's President wants private energy firms not to hike electricity prices

MEXICO CITY (Reuters) - Mexico's President Andres Manuel Lopez Obrador said on Monday he wants to revise the contracts that private energy companies have with state-run power utility CFE and reach an agreement with those firms so they do not hike electricity prices. "We are looking to achieve a voluntary restructuring of agreements and commitments within the framework of the law ... The Mexican government is committed to not increase electricity prices for consumers, but we want private comp...
Tags: Science, Mexico, Mexico City, Reuters Mexico, CFE, Andres Manuel Lopez Obrador, Lopez Obrador


Mexico wants firms to revise contracts so electric rates don't rise

Mexican President Andres Manuel Lopez Obrador said on Monday he wants to revise the contracts that private energy companies have with state-run power utility CFE so they do not hike electricity prices. "We are urging companies that have agreements with the Federal Electricity Commission (CFE) to come together to review contracts and above all to reach an agreement that electricity prices will not increase," Lopez Obrador said during his morning press conference. "We are looking to achieve a vo...
Tags: Science, Mexico, CFE, Andres Manuel Lopez Obrador, Lopez Obrador, Federal Electricity Commission CFE


Mexican president to ask Pemex unit chief to resign pending graft probe

Mexican President Andres Manuel Lopez Obrador said on Thursday he will ask a senior executive with national oil company Pemex to leave his position as an investigation into corruption allegations facing him and two other officials proceeds. Leftist Lopez Obrador won a landslide election last year promising to root at rampant corruption in Latin America's second biggest economy. Last week, the president announced that he would ask for information compiled by prosecutors investigating Miguel Ang...
Tags: Science, Latin America, Pemex, Andres Manuel Lopez Obrador, Lopez Obrador, Miguel Angel Lozada, Hector Salvador Salgado


Mexico's fuel thieves undeterred by deadly blast

Soldiers patrolling this area in central Mexico after the Jan. 18 tragedy told Reuters they found 15 illicit spigots just a few kilometers away on the same pipeline operated by the nation's state-owned oil company Petroleos Mexicanos or Pemex. Such is the mammoth task confronting President Andres Manuel Lopez Obrador, who has vowed to end Mexico's rampant fuel theft. In December, Lopez Obrador announced a crackdown on the banditry.
Tags: Science, Mexico, Reuters, Andres Manuel Lopez Obrador, Lopez Obrador, Petroleos Mexicanos, Pemex Such


Focus turns to Mexico plan to thwart fuel theft after blast kills 79

Some relatives of the victims said fuel shortages stemming from President Andres Manuel Lopez Obrador's plan led people to fill plastic containers with gasoline on Friday at a leak in the Tula-Tuxpan pipeline, a few miles (km) from a major refinery. Half a dozen people told Reuters their relatives went to the leaking duct in Hidalgo state's Tlahuelilpan district in central Mexico because they had been struggling to find fuel and were desperate to fill up cars to get to work or run their farms. ...
Tags: Science, Mexico, Reuters, Hidalgo, Andres Manuel Lopez Obrador, Lopez Obrador, Tlahuelilpan, Tula Tuxpan


Mexico fuel pipeline blast kills 71, witnesses describe horror

Forensic experts filled body bags with charred human remains in the field where the explosion occurred on Friday evening by the town of Tlahuelilpan in the state of Hidalgo, in one of the deadliest incidents to hit Mexico's troubled oil infrastructure in years. A number of people at the scene told Reuters that local shortages in gasoline supply since Lopez Obrador launched a drive to stamp out fuel theft had encouraged the rush to the gushing pipeline. "Everyone came to see if they could get a...
Tags: Science, Mexico, Reuters, Hidalgo, Lopez Obrador, Isaias Garcia, Tlahuelilpan


Death toll from Mexico fuel pipeline blast rises to 66

At a news conference with Mexican President Andres Manuel Lopez Obrador, Hidalgo Governor Omar Fayad said 76 people had also been injured in Friday evening's explosion, which happened as people tried to fill containers with fuel. The field was littered with half-burned shoes and clothes as well as with buckets and drums used by people to collect fuel. Lopez Obrador pledged to step up his government's drive to stamp out fuel theft, which has cost the country billions of dollars in the last few ...
Tags: Science, Mexico, Lopez Obrador, Omar Fayad, Andres Manuel Lopez Obrador Hidalgo


Mexican fuel shortage worries industry as lines grow in capital

Gasoline shortages in Mexico sparked by a government crackdown on fuel theft prompted warnings from business leaders that industries like carmaking will suffer if the problem persists, while lines at gas stations grew in the capital on Wednesday. The drive to eradicate a crime that has drained billions of dollars from state coffers is President Andres Manuel Lopez Obrador's first major move against chronic corruption since taking office on Dec. 1. Lopez Obrador said fuel theft has dropped to t...
Tags: Science, Mexico, Andres Manuel Lopez Obrador, Lopez Obrador, Petroleos Mexicanos Pemex


Mexican president says fuel theft plan working despite shortages

Mexican President Andres Manuel Lopez Obrador said on Monday that the country's offensive against fuel theft was yielding good results and would continue, though it has provoked fuel shortages and long lines of angry motorists. As part of the campaign to combat chronic theft of gasoline, state oil firm Pemex is changing its distribution, triggering shortages in at least six states. Lopez Obrador said at a news conference that the government had not established a date for when operations would ...
Tags: Science, Pemex, Andres Manuel Lopez Obrador, Lopez Obrador


Pemex aims for splash in shallow waters, retreats from the deeps

Almost half the Pemex budget is earmarked for exploration and production, mostly in shallow water and some onshore areas. Setting out his plans on Saturday, Pemex Chief Executive Octavio Romero said two previous governments had little to show for putting 41 percent of exploration funding into deep waters: "At best we'd have the first drop of oil by 2025," he said. Pemex aims to increase production by almost 50 percent by the end of the six-year term of Lopez Obrador, who wants to reduce Mexico...
Tags: Science, Mexico, Pemex, Lopez Obrador, Octavio Romero


Mexico votes in referendum on controversial new airport

Mexico's incoming leftist government of President-Elect Andres Manuel Lopez Obrador on Thursday opened polls for a referendum on whether or not to keep building a controversial new airport for the capital area. The 64-year-old Lopez Obrador, who succeeds Enrique Pena Nieto on December 1, had threatened to cancel the multi-billion-dollar project, charging it was a waste of taxpayer money. The soon-to-be president, a former Mexico City mayor, has also criticized the environmental impact of the p...
Tags: Science, Mexico, Mexico City, Enrique Peña Nieto, Andres Manuel Lopez Obrador, Lopez Obrador


Mexico's New President AMLO and Donald Trump Have Promised Mutual 'Respect.' How Long Can That Last?

Lopez Obrador has compared Trump’s attacks on Mexicans to the way the Nazis talked about Jews
Tags: Science, Mexico, Nazis, Donald Trump, Trump, Lopez Obrador


'I Am Here to Salute My President': Mexicans Celebrate Lopez Obrador's Left-Wing Landslide

The festivities on Sunday night were the culmination of a 30-year struggle by the Mexican left to win the presidency
Tags: Science, Lopez Obrador



Filters
December - 2018
MoTuWeThFrSaSu
     12
3456789
10111213141516
17181920212223
24252627282930
31      
January - 2019
MoTuWeThFrSaSu
 123456
78910111213
14151617181920
21222324252627
28293031   
February - 2019
MoTuWeThFrSaSu
    123
45678910
11121314151617
18192021222324
25262728