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


Auditors: $167 million misspent in Mexico airport project

MEXICO CITY (AP) — Mexican federal auditors say they have found $167 million in mismanagement and questionable expenses at a now-cancelled project to build a new Mexico City airport. President Andres Manuel Lopez Obrador had been criticized for cancelling the $13 billion project, which was about half built. Lopez Obrador contends the project was unnecessary, […]
Tags: Business, News, Mexico, Ap, Nation, Mexico City, Andres Manuel Lopez Obrador, Lopez Obrador


Mexico activist killed days before pipeline referendum

MEXICO CITY (AP) — A community activist fighting against a plan to build a gas pipeline through his central Mexico town has been killed three days before a scheduled public referendum on the project. President Andres Manuel Lopez Obrador condemned Wednesday’s murder of Samir Flores Soberanes as “vile, cowardly.” But Lopez Obrador said the public […]
Tags: Business, News, Mexico, Nation, Mexico City, Andres Manuel Lopez Obrador, Lopez Obrador, Samir Flores Soberanes


Mexico to close infamous island penal colony

MEXICO CITY (AP) — Mexico’s President Andres Manuel Lopez Obrador says he will close a famed island penal colony off the country’s Pacific coast. Lopez Obrador says the federal prison on the largest of the Islas Marias will be converted into a cultural and environmental education center. About 200 of its approximately 600 inmates will […]
Tags: News, Mexico, Ap, Nation, Mexico City, Pacific, Andres Manuel Lopez Obrador, Lopez Obrador, ISLAS MARIAS


Mexico leader: Chapo verdict shows money can’t buy happiness

MEXICO CITY (AP) — Mexican President Andres Manuel Lopez Obrador sees the conviction of drug lord Joaquin “El Chapo” Guzman as a moral lesson. Lopez Obrador said Wednesday: “Let this serve as a lesson to show that money doesn’t buy true happiness.” Guzman was convicted in New York Tuesday of drug trafficking and may be […]
Tags: New York, News, Mexico, Ap, Nation, Mexico City, Guzman, Joaquin El Chapo Guzman, Andres Manuel Lopez Obrador, Lopez Obrador


El Chapo Is Behind Bars, but Drugs Still Flow From Mexico

Even without its former leader, the Sinaloa cartel is a major threat and maintains among its competitors “the most expansive footprint in the United States.”
Tags: News, Mexico, United States, Sinaloa, Joaquin, Sinaloa Cartel, Guzman Loera, Lopez Obrador, Drug Cartels, Drug Abuse and Traffic, Andres Manuel


El Chapo Was Once Mexico’s Most Wanted. Now He’s Old News.

The trial of drug kingpin Joaquín Guzmán Loera did not reveal much that Mexicans did not know, but it did remind many of their government’s failings.
Tags: News, Mexico, New York City, United States, Joaquin, Sinaloa Cartel, Joaquín Guzmán Loera, Guzman Loera, Lopez Obrador, Drug Cartels, Andres Manuel, El Chapo Was Once Mexico


In Mexico, a Muted Response to El Chapo’s Conviction

The trial of drug kingpin Joaquín Guzmán Loera did not reveal much that Mexicans did not know, but it did remind many of their government’s failings.
Tags: News, Mexico, New York City, United States, El Chapo, Joaquin, Sinaloa Cartel, Joaquín Guzmán Loera, Guzman Loera, Lopez Obrador, Drug Cartels, Andres Manuel


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 moots $1.5bn rescue plan for Pemex

Mexican President Andres Manuel Lopez Obrador said Friday he would soon announce a rescue plan for troubled state oil company Pemex, suggesting it would be worth around $1.5 billion. Pemex is struggling under the weight of more than $100 billion in debt and years of declining production, and was recently downgraded by ratings company Fitch. Trying to shore up the firm, Lopez Obrador's government has announced a series of tax breaks for Pemex -- and will now announce further measures next week,...
Tags: News, Pemex, Andres Manuel Lopez Obrador, Lopez Obrador, Fitch Trying


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


Trump’s New Policy Takes Effect, and First Asylum Seeker Is Sent Back to Mexico

Though it has protested the Trump administration’s decision to force some asylum seekers back across the border, Mexico has agreed to allow certain migrants to stay and work as their cases unfold.
Tags: News, Mexico, Asylum, United States, Trump, Illegal Immigration, Lopez Obrador, Politics And Government, United States Politics and Government, United States International Relations, Immigration and Emigration, Right of, Customs and Border Protection (US, Tijuana (Mexico, Andres Manuel


Mexico Moves to Encourage Caravan Migrants to Stay and Work

Mexico’s new president has streamlined the process to give humanitarian visas to migrants from Central America, drawing more toward the border with the United States.
Tags: News, Mexico, United States, Guatemala, Visas, Central America, Trump, Lopez Obrador, Foreign Workers, Donald J, Labor and Jobs, Immigration and Emigration, Border Barriers, Andres Manuel, Hidalgo (Mexico


Echoes of the Past in Venezuela Crisis, but Heard More Lightly

The United States’ recognition of Venezuela’s opposition leader Juan Guaidó as interim president seemed to follow a pattern familiar to Latin America.
Tags: News, United States, Venezuela, Juan, Organization of American States, Maduro, Nicolas, Lopez Obrador, Oil (Petroleum) and Gasoline, Andres Manuel, Juan Guaido, Guaido


Pipeline explosion in Mexico kills 91 and counting

Last week, a gasoline pipeline exploded in central Mexico, killing 91 people, with numbers expected to surpass 100. Mexico’s state-owned oil company, Pemex, did not respond properly to the initial leak, which resulted in backlash from citizens towards the newly appointed President Andres Manuel Lopez Obrador. The leak is believed to have been caused by thieves attempting to steal fuel after President Lopez Obrador mandated all pipelines close in an effort to crackdown on criminal activity in la...
Tags: Design, News, Mexico, Government, Oil, Fuel, Policy, Gas, Military, Leak, Electricity, Pipeline, Investigation, Gasoline, Virgin Atlantic, Shortages


Deadly Mexico Pipeline Disaster Poses Major Test for New President

President Andrés Manuel López Obrador’s response to a blast that killed dozens, many stealing fuel, has exposed a central tension between two of his policy vows: fighting crime and lifting the poor.
Tags: News, Mexico, Poverty, Unemployment, Pemex, Andres Manuel Lopez Obrador, Lopez Obrador, Politics And Government, Oil (Petroleum) and Gasoline, Crime and Criminals, Pipelines, Robberies and Thefts, Andres Manuel, Explosions (Accidental, Hidalgo (Mexico


Pipeline Blast Risks Embroiling AMLO in Elusive Pemex Fix

The leftist leader who took office on Dec. 1 has sought to combat the $3.5 billion trade in illicit fuel by increasing pipeline surveillance, improving technology and using more tanker trucks to transport gasoline. Lopez Obrador said the explosion won’t sway him from his strategy to end fuel theft. “Rather than stopping the strategy, the fight against the illegality and theft of fuel will be strengthened,” the president, known as AMLO, told reporters following the incident.
Tags: News, Dec, Lopez Obrador


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 73, 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: News, Mexico, Reuters, Hidalgo, Lopez Obrador, Isaias Garcia, Tlahuelilpan


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 in Mexico Blast Rises to 73; Leader Vows to Intensify Crackdown on Fuel Theft

The pipeline north of Mexico City exploded after thieves ruptured the line, causing an explosion that killed at least 73 people and injured 74 others.
Tags: News, Mexico, Mexico City, Pemex, Lopez Obrador, Oil (Petroleum) and Gasoline, Pipelines, Robberies and Thefts, Fires and Firefighters, Deaths (Fatalities, Andres Manuel, Explosions (Accidental


Mexico fuel pipeline blast kills 66, 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: News, Mexico, Reuters, Hidalgo, Lopez Obrador, Isaias Garcia, Tlahuelilpan


Fiery Blast in Mexico Kills Dozens

The explosion was caused by thieves who punctured a gas pipeline north of Mexico City. President Andrés Manuel López Obrador vowed to crack down on fuel theft, a longstanding problem in the country.
Tags: News, Mexico, Mexico City, Andres Manuel Lopez Obrador, Lopez Obrador, Pipelines, Mexico City (Mexico, Andres Manuel, Explosions (Accidental


Illegal Pipeline Tap Explosion Kills 66 In Mexico; 85 Missing

TLAHUELILPAN, Mexico (AP) — Forensic experts attempted to separate and count charred heaps of corpses in central Mexico on Saturday after a massive fireball erupted at an illegal pipeline tap, killing at least 66 people. More than 85 other people on Saturday were listed as missing as relatives of the deceased and onlookers gathered around the scene of carnage. Just a few feet from where the pipeline passed through an alfalfa field, the dead seem to have fallen in heaps, perhaps as they stumbl...
Tags: News, Mexico, Mexico City, Queretaro, Pemex, Hidalgo, Andres Manuel Lopez Obrador, Lopez Obrador, Petroleos Mexicanos, Matt Shuham, Tlahuelilpan, TLAHUELILPAN Mexico, Pemex Video, Hugo Olvera Estrada, Hugo Olvera Bautista, Olvera Estrada


Death Toll in Mexico Blast Rises to 66; Leader Vows to Intensify Crackdown on Fuel Theft

The pipeline north of Mexico City exploded after thieves ruptured the line, causing an explosion that killed at least 66 people and injured 76 others.
Tags: News, Mexico, Mexico City, Pemex, Lopez Obrador, Oil (Petroleum) and Gasoline, Pipelines, Robberies and Thefts, Fires and Firefighters, Deaths (Fatalities, Andres Manuel, Explosions (Accidental


Mexico Explosion Kills 66 After Thieves Rupture Pipeline

The gas pipeline north of Mexico City exploded after thieves punctured it, causing an explosion that killed dozens and injured 76 others.
Tags: News, Mexico, Mexico City, Pemex, Lopez Obrador, Oil (Petroleum) and Gasoline, Pipelines, Robberies and Thefts, Fires and Firefighters, Deaths (Fatalities, Andres Manuel, Explosions (Accidental