PEMEX

Faced with thousands of conservative opposition demonstrators camping out in the streets of Mexico City since he took office, the administration of Mexican President Andrés Manuel Lopez Obrador (AMLO) is under renewed pressure to come up with a strategy to address the nation’s tottering energy sector, which has reached a critical juncture in the historic and controversial privatization carried out by his predecessor, Enrique Peña Nieto, which marked the ostens

Mexico’s president, Andres Manuel Lopez Obrador, known colloquially as AMLO, arrived back in his nation’s capital yesterday aboard an American Airlines flight after his first state visit to the United States since taking office in a historic, landslide victory in 2018.

Mexico’s president-elect, Andres Manuel Lopez Obrador (AMLO) reaffirmed that his administration will spend more than US$2.63 billion to bring the state’s oil refinery company, Petroleos Mexicanos (Pemex), up to date.
AMLO said he plans to update the six Pemex refineries in order to reduce imports and increase the country’s crude production quality.
The president-elect, who will be sworn in on December 1, will include the construction of a new plant at the cost of US$ 8.4 billion dollars and should be complete in three years.

It's time to start paying attention to what's happening right now in Mexico.

teleSUR | May 11, 2016 The country’s state oil company, Pemex, which is one of the federal government’s main sources of revenue, is since May 10 no longer be the country’s only producer of oil, reports revealed Wednesday, after the state-owned company granted the first six licenses for oil extraction since left-leaning Mexican former President […]

“The violence is not a new thing,” says Jose-Pablo Buerba about Mexico’s civil unrest and protest in recent weeks. An international political economist from Mexico City, Buerba works with heads of state around the world on matters economic. He is a native of Mexico City, where he has lived and worked these last few months.
 

Thousands of people march in Mexico City in protest of the privatization of Mexico’s oil industry. Photo by flickr user eneas, March 18, 2013.

MEXICO CITY — Are we living in a time when ordinary people have forgotten their history, when all those who fail to remember the past will be condemned to relive its harsh reality?
I thought of this as two Canadian tourists marched with thousands along the Paseo de la Reforma last week to demonstrate opposition to the energy “reform” bill being debated by Mexican legislators. The new law would allow foreign oil giants into the country for the first time in 75 years.

Weekly News Update on the Americas | December 8, 2013

The world political economy is a mosaic of cross currents: Domestic decay and elite enrichment, new sources for greater profits and deepening political disenchantment, declining living standards for many and extravagant luxury for a few, military losses in some regions with imperial recovery in others. There are claims of a unipolar, a multi-polar and even a non-polar configuration of world power. Where, when, to what extent and under what contingencies do these claims have validity?