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The documents showed that the government also labeled as part of its climate change efforts items as disparate as Navy security operations and distributing fortified milk among the rural poor. Of this, Pemex spent 5.6 billion pesos on climate change and 1.3 billion pesos on the energy transition in the same period, the public accounts show. "Mexico started really strong," said Maria Jose de Villafranca, the lead researcher for Mexico at Climate Action Tracker. The government did not make officials available to discuss its climate change plans. Mexico has not released information about its strategy, which has been criticized by climate change experts as non-compliant with the Paris Agreement.
Persons: Gustavo Graf, Andres Manuel Lopez Obrador, Lopez Obrador, Lopez Obrador's, Pemex, Victor Gomez, Gomez, Maria Jose de Villafranca, There's, Jason DeVito, Stefanie Eschenbacher, Simon Jessop, Dave Graham, Claudia Parsons Organizations: REUTERS, MEXICO CITY, Reuters, United, CFE, United Nations, Navy, Federated Hermes, Thomson Locations: El Bosque, Mexico, MEXICO, DUBAI, United States, Paris, United Nations, Dubai, CFE, Mexico City
[1/2] The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Acquire Licensing RightsMEXICO CITY, Nov 7 (Reuters) - Mexican state energy company Pemex and U.S. liquefied natural gas (LNG) company New Fortress Energy (NFE.O) have terminated a deal to develop potentially the country's first deepwater natural gas project that was signed a year ago, two sources with direct knowledge of the matter said. Last month, Pemex decided to halt the project after NFE wanted to impose conditions Mexican officials considered unacceptable, including NFE buying the natural gas too cheaply from Pemex, one of the sources said. Pemex wanted to develop Lakach with the U.S. company using a service contract, a mechanism used prior to the Mexico's energy sector opening in 2013-14. Reuters previously reported that officials at the CNH and Pemex had been at odds over how to develop Lakach and other large fields.
Persons: Raquel Cunha, Pemex, NFE, Lakach, Andres Manuel Lopez Obrador, Stefanie Eschenbacher, Ana Isabel Martinez, Mariana Parraga, Adriana Barrera, Dave Graham, Marguerita Choy Organizations: REUTERS, MEXICO CITY, New Fortress Energy, U.S, Reuters, U.S . Department of Energy, Thomson Locations: Mexico City, Mexico, MEXICO, Gulf of Mexico, Veracruz, Gulf, Tamaulipas, Altamira, Houston
[1/4] People leave with goods from a supermarket that had been broken into in the aftermath of Hurricane Otis, in the outskirts of Acapulco, Mexico, October 26, 2023. Hurricane Otis last week hit Acapulco with winds of 165 miles per hour (266 km per hour), flooding the city, flipping roofs from homes and businesses, submerging vehicles, and severing communications as well as road and air connections. Mexico has sent thousands of armed forces members to keep order and help distribute tons of food and supplies. Acapulco residents are still searching for missing loved ones since the Category 5 hurricane hit with unexpected ferocity, far exceeding meteorologists' initial forecasts. State power utility CFE said on Tuesday morning one in four users in Guerrero hit by Otis was still without power.
Persons: Hurricane Otis, Alexandre Meneghini, Jose Luis Martinez, Andres Manuel Lopez Obrador, Abraham Moises Cano, Cano, Lopez Obrador, Guerrero, Otis, Jose Cortes, Josue, Casssandra Garrison Stefanie Eschenbacher, Dave Graham, Alistair Bell, Jonathan Oatis, Grant McCool Organizations: REUTERS, Rights, National Guard, Senate, Tuesday, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, del Sol, overpaid, Guerrero, Mexico City
[1/4] People leave with goods from a supermarket that had been broken into in the aftermath of Hurricane Otis, in the outskirts of Acapulco, Mexico, October 26, 2023. Mexico has sent some 17,000 members of the armed forces to keep order and help distribute tons of food and supplies in Acapulco. "The 15 billion (pesos) should go the victims in Acapulco," Lopez Obrador told reporters during a regular press conference, referring to the funds held in the trusts. Mexico has scrambled to send supplies and keep order in Acapulco, where residents are still searching for missing loved ones since the Category 5 hurricane barreled ashore. Lopez Obrador, who has vigorously rebuffed criticism of the government's response to the hurricane, had said he expected electricity to be fully restored in Acapulco by Tuesday.
Persons: Hurricane Otis, Alexandre Meneghini, Andres Manuel Lopez Obrador, Lopez Obrador, Guerrero, Otis, Jose Cortes, Josue, Stefanie Eschenbacher, Dave Graham, Alistair Bell, Jonathan Oatis Organizations: REUTERS, Rights, Senate, Tuesday, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Guerrero
[1/2] Hospital worker Jesus Rojas fixes his damaged house in the aftermath of Hurricane Otis in Acapulco, Mexico, October 27, 2023. REUTERS/Alexandre Meneghini/File Photo Acquire Licensing RightsMEXICO CITY, Oct 27 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Friday urged insurance companies to speed up payouts after powerful Hurricane Otis wreaked havoc on Acapulco's beach resorts and surrounding impoverished communities. The storm intensified with unexpected speed just prior to making landfall on Wednesday, becoming the most powerful storm to ever strike Mexico's Pacific coast. In Acapulco, Otis claimed at least 27 lives according to the local governor's tally issued on Thursday, which has not been updated. The investment manager calculated "a high probability" Mexico will get half of the bond's $125-million payment earmarked towards Pacific hurricanes.
Persons: Jesus Rojas, Alexandre Meneghini, Andres Manuel Lopez Obrador, Otis, Lopez Obrador, CoreLogic, Bond, Stefanie Eschenbacher, David Alire Garcia, Rod Nickel Organizations: REUTERS, MEXICO CITY, Hurricane, Investments, Pacific, World Bank, Thomson Locations: Hurricane, Acapulco, Mexico, MEXICO
Mexico's Pemex gets billions more in government support
  + stars: | 2023-10-27 | by ( ) www.reuters.com   time to read: +3 min
The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. In October, Pemex received 55.9 billion pesos ($3.2 billion) from the government to strengthen its financial position, accounts show. Separately, Pemex received 71.7 billion pesos over the quarter for debt amortizations. Instead of focusing so much on Pemex, Mexico could have made more of private-sector investment, boosting renewable electricity output and reducing fossil fuel reliance, he said. Pemex also reported a third-quarter net loss of 79.13 billion pesos, revenues of 462 billion pesos and a financial debt of $105.8 billion.
Persons: Raquel Cunha, Pemex, Octavio Romero, Andres Manuel Lopez Obrador, Carlos Urzua, Lopez Obrador, Valentine Hilaire, Ana Isabel Martinez, Adriana Barrera, David Alire Garcia, Stefanie Eschenbacher, Anthony Esposito, David Holmes, Jonathan Oatis Organizations: REUTERS, Reuters, Thomson Locations: Mexico City, Mexico, MEXICO, Dos Bocas, Pemex
In Mexico, modern art is for dogs too as exhibition opens
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
[1/5] A dog sits in front of a poem during the "Art and Dogs" exhibition at the Rufino Tamayo Contemporary Art Museum, in Mexico City, Mexico October 21, 2023. Now, the Museo Tamayo in Mexico City has put together an exhibition of modern art pieces that both humans and their furry friends can visit. The second #ArteyPerros, or Art and Dogs, exhibition includes pieces by Haris Epaminonda, Max Ernst, Mathias Goeritz, Pierre Huyghe, Danh Vo and Mario Garcia Torres as well as a poem by Luis Felipe Fabre. Mila Cohen, a sixth-grade student who visited the exhibition, said she appreciated the idea that she could take her dog, Sakura. "It would be incredible if there were more spaces like this, with art, where we could spend time with our dogs," said Manu Exheverria, a photographer.
Persons: Rufino Tamayo, Lorenza, Haris Epaminonda, Max Ernst, Mathias Goeritz, Pierre Huyghe, Danh Vo, Mario Garcia Torres, Luis Felipe Fabre, Mila Cohen, Manu Exheverria, Diego Delgado, Stefanie Eschenbacher, Mark Porter Organizations: Rufino Tamayo Contemporary Art Museum, REUTERS, MEXICO CITY, Museo, Thomson Locations: Mexico City, Mexico, MEXICO
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador's former finance minister is backing the main opposition alliance in next year's presidential election, the opposition's candidate said on Tuesday. "Welcome to this team," Galvez wrote on X, sharing a picture of herself and Urzua, who was finance minister from 2018 to 2019 at the start of Lopez Obrador's presidency. A respected economist, Urzua from 2000 to 2003 was Lopez Obrador's top finance official when he was Mexico City mayor. However, he remains a popular president, and MORENA's candidate to succeed him, former Mexico City Mayor Claudia Sheinbaum, has a commanding lead over Galvez in opinion polls. Galvez heads the main opposition alliance comprising three parties ranging from the center-right to the center-left.
Persons: Andres Manuel Lopez Obrador's, Xochitl Galvez, Carlos Urzua, Lopez, Galvez, Urzua, Lopez Obrador's, Lopez Obrador, Mexico City Mayor Claudia Sheinbaum, Stefanie Eschenbacher, Dave Graham, Cynthia Osterman Organizations: MEXICO CITY, Regeneration, Lopez Obrador's, Mexico City, Mexico City Mayor, ' Movement Locations: MEXICO, Mexico
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador announced he has picked Miguel Angel Maciel to be his next energy minister, less than a year before the end of his six-year government, he wrote in a Monday post on social media. Maciel will replace Rocio Nahle, who served as energy chief and chair of the board of state-owned oil company Pemex since the beginning of Lopez Obrador's term in late 2018. Maciel has previously served as deputy energy minister, and Lopez Obrador stressed in his post on X that the petroleum engineer by training is trusted "due to his honesty and proven convictions in favor of national sovereignty." Nahle formally left her job as minister before the president's most important energy infrastructure project, the Olmeca oil refinery in his home state Tabasco, has come online. Lopez Obrador tasked Nahle with overseeing the project, which is running behind schedule and over budget.
Persons: Andres Manuel Lopez Obrador, Miguel Angel Maciel, Maciel, Rocio Nahle, Lopez, Nahle, Lopez Obrador, Noe Torres, Stefanie Eschenbacher, Valentine Hilaire Organizations: MEXICO CITY Locations: MEXICO, Veracruz, Tabasco, Dos Bocas, Houston, wean Mexico
A sign is pictured in front of the Vitol Group trading commodities building in Geneva October 4, 2011. The two Pemex documents are also not public. As part of the settlement, Vitol also dropped a lawsuit against PMI Comercio Internacional, Pemex's international trading arm, for $1.21 million for alleged damages to a refinery in Cressier, Switzerland. Meanwhile, legal proceedings tied to the graft scandal continue in Mexico but also the U.S., where a former employee is on trial, and Ecuador. The graft scandal Vitol acknowledged dates back to Lopez Obrador's predecessors.
Persons: Denis Balibouse, Pemex, Andres Manuel Lopez Obrador, Vitol, Lopez, Adriana Barrera, Stefanie Eschenbacher, Ana Isabel Martinez, Stephen Eisenhammer, Marguerita Choy Organizations: Vitol, REUTERS, MEXICO CITY, Reuters, U.S . Department of Justice, PMI Comercio Internacional, Mexican, Thomson Locations: Geneva, MEXICO, Swiss, Brazil, Ecuador, Vitol, Mexican, U.S, Cressier, Switzerland, Veracruz, Mexico
[1/2] The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. A third senior trading source confirmed that Vitol had resumed business with Mexico. Neither the deals nor the fact that Mexico resumed trading with Vitol have previously been reported. Vitol declined to comment while Pemex and the Mexican government did not respond to requests for comment. Eventually, Pemex officials pulled the plug on contract negotiations after Vitol officials refused their proposed changes to terms.
Persons: Raquel Cunha, Pemex, cargos, Vitol, Arvin, Andres Manuel Lopez Obrador, Octavio Romero, Pemex's Romero, Javier Aguilar, Aguilar, Stefanie Eschenbacher, Ana Isabel Martinez, Dmitry Zhdannikov, Luc Cohen, Marianna Parraga, Florence Tan, Stephen Eisenhammer, Marguerita Choy Organizations: REUTERS, Reuters, U.S . Department of Justice, Thames, Thomson Locations: Mexico City, Mexico, MEXICO, Swiss, Brazil, Ecuador, Liberia, Houston, Pajaritos, Denmark, Tuxpan, Tampico, America, Geneva, U.S, Brooklyn, London, New York, Singapore
Mexico's Sheinbaum leads 2024 presidential race -poll
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +2 min
Former Mexico City Mayor Claudia Sheinbaum gestures as she speaks on the day she is certified as presidential candidate for the ruling National Regeneration Movement (MORENA) party during a ceremony, in Mexico City, Mexico September 10, 2023. REUTERS/Henry Romero/File photo Acquire Licensing RightsSept 14 (Reuters) - The presidential candidate of Mexico's leftist ruling party, Claudia Sheinbaum, a close ally of the current president, is favorite to win the 2024 election, a new opinion poll showed. Those polled were asked to choose between Sheinbaum, Galvez, and former foreign minister Marcelo Ebrard, Sheinbaum's main rival for MORENA presidential nomination. The poll showed Ebrard winning 15% support as MC candidate against Sheinbaum and Galvez. In a head-to-head contest between the two female front-runners, Sheinbaum got 55% support and Galvez 34%.
Persons: Mexico City Mayor Claudia Sheinbaum, Henry Romero, Claudia Sheinbaum, Xochitl Galvez, Galvez, Marcelo Ebrard, Ebrard, Sheinbaum, Andres Manuel Lopez Obrador, Raul Cortes, Natalia Siniawski, Stefanie Eschenbacher, Alistair Bell Organizations: Mexico City Mayor, Regeneration, REUTERS, National Regeneration, Spanish, El Pais, MORENA, Movement, Sheinbaum, Thomson Locations: Mexico City, Mexico, Sheinbaum, MORENA, Galvez
In 'macho' Mexico, stage set for first female president
  + stars: | 2023-09-09 | by ( Dave Graham | ) www.reuters.com   time to read: +8 min
[1/2] Former Mexico City Mayor Claudia Sheinbaum reacts after she was nominated as a presidential candidate, in Mexico City, Mexico September 6, 2023. "It's extraordinary in a patriarchal country," said Josefina Vazquez Mota, who made history in 2012 as the first female presidential candidate for one of Mexico's main parties. "Just imagine having a female president in a country as macho as Mexico!" Mexican women did not win full voting rights until 1953, 33 years after the neighboring United States. Today, Vazquez Mota said, her PAN ally Galvez no longer had to respond to whether Mexico was ready for a female president.
Persons: Mexico City Mayor Claudia Sheinbaum, Henry Romero, Claudia Sheinbaum, Xochitl Galvez, Galvez, Josefina Vazquez Mota, Vazquez Mota, Maria del Carmen Garcia, Mexico City Mayor Sheinbaum, Andres Manuel Lopez Obrador, Marcelo Ebrard, Angelica Rodriguez, femicides, Guadalupe, Sor Juana Ines de la Cruz, Lorenzo Meyer, anticlerical, Gabriela Cuevas, Dave Graham, Stefanie Eschenbacher, Alberto Fajardo, Stephen Eisenhammer, Claudia Parsons Organizations: Mexico City Mayor, REUTERS, Action Party, PAN, Mexican, Court, men's, Roman, Virgin, Church, Colegio de Mexico, Reuters Graphics, Inter, Parliamentary Union, Federal, Vamos, OECD, Mexican Institute for Competitiveness, Thomson Locations: Mexico City, Mexico, MEXICO, America, Brazil, Honduras, Peru, United States, Canada, Yucatan, Reuters Graphics Mexico, Britain, Mexican, U.S, Turkey, Argentina
[1/5] Tow trucks and authorities work at the area of a road accident, which left over a dozen migrants dead, in Tepelmeme Villa de Morelos, in Oaxaca state, Mexico August 22, 2023. REUTERS/Jose de Jesus Cortes Acquire Licensing RightsMEXICO CITY, Aug 22 (Reuters) - Fifteen Mexicans and one Venezuelan died in a road accident in central Mexico early on Tuesday, officials from Mexico's INM migration institute said in a statement. The 52 passengers traveling on the bus on Mexico's Miahuatlan-Coixtlahuaca highway included 10 passengers from Venezuela, the INM said, adding they had appointments to seek legal entry to the United States. Some 36 passengers were injured and taken to hospital after the bus crashed with a trailer in the early hours of the morning, officials from the state of Puebla said in a separate statement. A video shared on X by the local Red Cross unit showed a mangled white bus lying on its side while rescue teams worked in the dark.
Persons: Jose de Jesus Cortes, Noe Torres, Lizbeth Diaz, Isabel Woodford, Stefanie Eschenbacher, Anthony Esposito, Chris Reese Organizations: Morelos, REUTERS, MEXICO CITY, Local, Red, Thomson Locations: Tepelmeme Villa, Oaxaca, Mexico, MEXICO, Venezuela, United States, Puebla
MEXICO CITY, Aug 5 (Reuters) - Police in Germany, reported on Saturday that they found the body of a 24-year-old Mexican woman who disappeared in Berlin at the end of July and whose case has caused garnered widespread attention in Mexico. Authorities said the body of Maria Fernanda Sanchez, for whom Interpol had issued a yellow search notice, was found floating in a canal by a person walking along a bridge in Berlin's Adlershof neighborhood. The Mexican Foreign Ministry communicated on social media platform X, formerly known as Twitter, that German authorities reported the discovery of a deceased woman that fit Sanchez's description. Earlier in the week, President Andres Manuel Lopez Obrador said that he would ask the German president to bolster the search for Sanchez, who, according to local media, was a masters student in Germany. Reporting by Stefanie Eschenbacher and Adriana Barrera; Writing by Alexander Villegas; Editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Maria Fernanda Sanchez, Andres Manuel Lopez Obrador, Sanchez, Stefanie Eschenbacher, Adriana Barrera, Alexander Villegas, Jonathan Oatis Organizations: MEXICO CITY, Police, Authorities, Interpol, Mexican Foreign Ministry, Thomson Locations: MEXICO, Germany, Berlin, Mexico, Berlin's Adlershof
Companies Petroleos Mexicanos FollowMEXICO CITY, July 28 (Reuters) - Mexican state energy company Pemex, whose financial debt ballooned to $110.5 billion by the second quarter, said Friday that it received 64.9 billion pesos ($3.8 billion) from the government to meet its obligations and may tap bond markets this year or next. Chief Financial Officer Carlos Cortez told investors during an earnings call that despite "significant" government support, Pemex was evaluating whether it would tap bond markets this year or next. Natural resources nationalist President Andres Manuel Lopez Obrador has staked his reputation on reviving Pemex, which he inherited highly indebted. Between 2019 and the end of the second quarter, Pemex received more than 720 billion pesos from the government, the results showed. Net profits were down almost 80% to 25.439 billion pesos in the second quarter from the year-ago period as sales fell, and revenues were down more than 40% to 414.156 billion pesos following weaker local sales and crude oil prices.
Persons: Carlos Cortez, Pemex, Cortez, We're, Andres Manuel Lopez Obrador, Lopez Obrador's, Octavio Romero, Romero, Valentine Hilaire, Adriana Barrera, Stefanie Eschenbacher, Anthony Esposito, Richard Chang, Cynthia Osterman Organizations: Moody's Investors Service, Thomson Locations: MEXICO, Pemex
US slaps sanctions on Sinaloa Cartel fentanyl network
  + stars: | 2023-07-12 | by ( ) www.reuters.com   time to read: +2 min
MEXICO CITY, July 12 (Reuters) - The U.S. Treasury Department on Wednesday imposed sanctions on 10 Mexican nationals and one company in the country for their alleged involvement in the Sinaloa Cartel's vast illicit fentanyl trafficking network. The sons, known as "Los Chapitos," are accused of leading a faction of the Sinaloa Cartel after their father's 2016 capture and extradition to the U.S. a year later. The U.S. Treasury also sanctioned an import-export company, REI Compania Internacional, and its majority shareholder for allegedly receiving chemical shipments from China. Lopez Obrador added that his Security Minister Rosa Icela Rodriguez would meet this month with U.S. U.S. President Joe Biden's administration has been seeking increased cooperation from Mexico and China in stemming the flow of fentanyl and its precursor chemicals.
Persons: Noel Lopez Perez, Joaquin, El, Ricardo Paez Lopez, El Chapo's, Ovidio Guzman Lopez, Andres Manuel Lopez Obrador, Lopez Obrador, Rosa Icela Rodriguez, Elizabeth Sherwood, Randall, Joe Biden's, Kylie Madry, Stefanie Eschenbacher, Raul Cortes, Sarah Morland, Mark Heinrich, Josie Kao Organizations: MEXICO CITY, U.S . Treasury Department, Treasury, Foreign Assets, U.S . Treasury, REI Compania Internacional, U.S . Homeland Security, Thomson Locations: MEXICO, Sinaloa, U.S, United States, Mexico, China, Mexican
[1/4] Boats spray water onto an offshore oil platform that caught fire at the Pemex's Cantarell Field, in the Bay of Campeche, Gulf of Mexico, Mexico July 7, 2023. In posts on Twitter, Pemex said it had accounted for all other workers and said oil production had taken a major hit from the blaze. Later on Friday, the company said oil production had been "impacted in a substantial way" due to the fire. A Pemex statement Friday morning indicated that 321 of 328 people working on the sprawling platform had been successfully evacuated. The vast majority of Mexican oil production comes from nearby shallow water fields clustered around the Bay of Campeche in the southern Gulf, where Pemex has suffered a number of industrial accidents in recent years.
Persons: Pemex, Octavio Romero, Cantarell, Ana Isabel Martinez, Stefanie Eschenbacher, Kylie Madry, Manuel Carrillo, Brendan O'Boyle, Isabel Woodford, David Gregorio, Rosalba O'Brien Organizations: MEXICO CITY, Twitter, Thomson Locations: Bay, Campeche, Gulf of Mexico, Mexico, Handout, MEXICO
MEXICO CITY, July 7 (Reuters) - Several workers at an offshore platform run by Mexican state oil company Pemex in the Gulf of Mexico are missing after a fire broke out early Friday morning, President Andres Manuel Lopez Obrador told reporters. The president said Pemex firefighters were at the scene at the Cantarell complex, in the Bay of Campeche, to put out the fire after an explosion at a gas production platform and that employees were evacuated. One Pemex employee and three others were injured, the oil workers union said in a statement. A source at the company told Reuters the fire was at Pemex's Nohoch-A offshore gas compression platform, but that oil production remained unaffected. Cantarell produces from one of Mexico's largest oil fields which for decades was one of Pemex's crown jewels.
Persons: Andres Manuel Lopez Obrador, Lopez Obrador, Ana Isabel Martinez, Stefanie Eschenbacher, Manuel Carrillo, Kylie Madry, Isabel Woodford, David Holmes Organizations: MEXICO CITY, Reuters, Cantarell, Thomson Locations: MEXICO, Gulf, Mexico, Bay, Campeche
MEXICO CITY, June 13 (Reuters) - The mayor of the violent border city Tijuana in northern Mexico, Montserrat Caballero, has moved into military barracks for her safety after she received threats, the president said on Tuesday. Just south of San Diego in California, Tijuana has become one of Mexico's most dangerous cities as criminal groups fight over drug trafficking routes to the United States. "She's being protected, since about two weeks ago," Andres Manuel Lopez Obrador said during his regular press conference. Murder rates fell last year but the government of Lopez Obrador is still on track to register a record total of murders for any six-year administration. Reporting by Stefanie Eschenbacher and Raul Cortes; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.
Persons: Montserrat Caballero, Andres Manuel Lopez Obrador, Lopez Obrador, Caballero, Lopez, I've, Stefanie Eschenbacher, Raul Cortes, Conor Humphries Organizations: MEXICO CITY, Regeneration, Thomson Locations: MEXICO, Tijuana, Mexico, Montserrat, San Diego, California, United States
Interior Minister Adan Augusto Lopez also plans to resign next week to focus on his own presidential bid, two government sources told Reuters. If MORENA's board decides that on Sunday, then interior minister Lopez and Mexico City Mayor Claudia Sheinbaum, two other top contenders, would need to resign, Lopez Obrador said at a regular press conference. Lopez Obrador made the remark after observing that more contenders could follow Ebrard's lead in the next few days. Supporters of Ebrard argue his post does not allow him to focus as much on domestic issues as Sheinbaum and Lopez. Lopez Obrador did not immediately name a replacement for Ebrard, who is due to step down next Monday.
Persons: Andres Manuel Lopez Obrador, Marcelo Ebrard, Ebrard, Lopez Obrador, Adan Augusto Lopez, Mario Delgado, Lopez, Mexico City Mayor Claudia Sheinbaum, Ricardo Monreal, MORENA, Dave Graham, Diego Ore, Stefanie Eschenbacher, Matthew Lewis, David Gregorio, Grant McCool Organizations: MEXICO CITY, Foreign, Regeneration, Reuters, Mexico City Mayor, Thomson Locations: MEXICO, Ebrard
Five months later, on Nov. 24, the regulator approved the plan for the Quesqui field in the southern state of Tabasco. Interviews with eight sources with direct knowledge of the matter show Hernandez had been pressured by Lopez Obrador's government and Pemex to approve Quesqui and other plans, or resign. According to these people, at least three other senior officials at the regulator were also pressured by officials in government and at the regulator to help approve the plans. One of the officials who the sources said was pressured, the former technical head, Julio Trejo, resigned shortly before the Quesqui plan was approved. Guerrero also reiterated that the Quesqui field "is a strategic project" as defined by the government.
[1/5] Migrants take part in a caravan towards Mexico City called 'The Migrant's Via Crucis' in memory of the 40 migrants who died during a fire at a migrant detention center in the border city of Ciudad Juarez, as they walk along the road en route to Viva Mexico, Chiapas state, Mexico April 23, 2023. The migrants, mostly Venezuelans, started their march north early in Tapachula, the city bordering Guatemala whose detention centers have been overwhelmed by their vast numbers. Some said they expected to reach Mexico City in about 10 days. Fleeing violence and poverty in Central America, thousands of migrants walk together for safety to Mexico each year, crossing several states in hopes of finding a legal route into the United States. Out of money, he said his family was hoping to speed up the legal process needed for onward travel in Mexico City.
BUENOS AIRES, April 7 (Reuters) - Argentina's state oil company YPF has agreed to pay nearly $300 million to the creditors of one of its now-bankrupt subsidiaries after they sued the company in relation to a historical U.S. environmental case, it said. In 2016, Maxus Energy Corporation filed for chapter 11 protection in the U.S. Bankruptcy Court in Delaware. YPF said its former subsidiary had met its obligations until then, without specifying if these were financial or environmental. Under the conciliation agreement reached this week, the Maxus Liquidation Trust agreed to drop the claims it had filed against both YPF and co-defendant Spanish oil company Repsol, the statement issued by YPF said. In turn, YPF and Repsol agreed to pay the trust $287.5 million each, without admitting any responsibility.
Lopez Obrador afterward met representatives from Canadian energy companies, including ATCO, and details of the transfer were concluded in late February, one of the sources said. Neither ATCO, CFE, the Canadian government or Lopez Obrador's office immediately replied to requests for comment. Arguing that past governments skewed Mexico's energy market in favor of private capital, Lopez Obrador has taken a series of steps to bolster state control of the sector. Last July the U.S. and Canadian governments launched formal dispute resolution talks with Mexico over energy. The company argued Mexico had not done enough to enable the pipeline's completion, and the London Court of International Arbitration agreed, Reuters reported.
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