Mexico
Pemex

Control of oil behind Mexico-Spain tensions

Mexico’s President Andrés Manuel López Obrador called for a “pause” in relations with Spain, in a speech that explicitly invoked the legacy of colonialism going back to the Conquest. But the speech was aimed principally at Spanish oil company Repsol, which had been favored during the presidential term of Felipe Calderón. Specifically, López Obrador questioned the granting of gas contracts in the Burgos Basin, in Mexico’s northeast. He charged that Repsol operated the fields less productively than the state company Pemex had. “In the end, less gas was extracted than Pemex extracted” before the contracts, he charged. Repsol is meanwhile under investigation by Spanish prosecutors on charges of graft related to the company’s efforts to fend off a take-over bid by Pemex. (Photo via Digital Journal)

Mexico

Mexico: AMLO declares drug war ‘over’ —but is it?

Already officially studying the possibility of cannabis legalization, Mexico's new populist President Andrés Manuel López Obrador has now announced a formal end to the "war on drugs" that has only seemed to fuel the narco-violence over the past 10 years. However, military troops are still being mobilized for narcotics enforcement from Chiapas to Chihuahua—including marijuana eradication. (Photo: Sexenio)