Mexico
Pemex

Control of oil behind Mexico-Spain tensions

Mexico’s President Andr茅s Manuel L贸pez Obrador聽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 Calder贸n. Specifically, L贸pez Obrador questioned the granting of聽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聽off a take-over bid by Pemex.聽(Photo via Digital Journal)

Mexico

Oil and unrest in Zimbabwe, Mexico

World oil prices remain depressed despite an uptick this month, driven by the Venezuela crisis and fear of US-China trade war. Yet this month also saw Zimbabwe explode into angry protests over fuel prices. The unrest was sparked when the government doubled prices, in an effort to crack down on “rampant” illegal trading. Simultaneously, long lines at gas stations are reported across Mexico鈥攁gain due to a crackdown on illegal petrol trafficking. Despite all the talk in recent years about how low oil prices are now permanent (mirrored, of course, in the similar talk 10 years ago about how high prices were permanent), the crises in Zimbabwe and Mexico may be harbingers of a coming global shock. (Photo via Amnesty International)

Mexico

Will AMLO fight for Mexico’s indigenous peoples?

Turkey’s TRT World runs a report recalling the Chontal Maya blockades of the Pemex oil installations in Mexico’s southern state of Tabasco in 1996, to protest the pollution of their lands and waters. This is a struggle that is still being waged today by the Chontal of Tabasco, but back in 1996 the figurehead of the movement was聽Andr茅s Manuel L贸pez Obrador (known as AMLO)鈥攏ow Mexico’s left-populist president-elect. The report asks if AMLO as president will remain true to the indigenous struggle that first put him on Mexico’s political map. In a segment exploring this question, TRT World speaks with聽Melissa Ortiz Mass贸 of the Business and Human Rights Resource Centre聽and CounterVortex editor Bill Weinberg.聽

Planet Watch

Control of oil at issue in NAFTA re-negotiation

As "NAFTA 2.0" negotiations open, a provision that essentially locks in Canada's current levels of oil exports to the US is drawing opposition from unlikely allies across the Canadian political spectrum but winning staunch support in the country's petroleum industry.

Mexico

‘Gasolinazo’ protests rock Mexico

Several states across Mexico have been shaken by days of angry protests in response to a jump in the price of gasoline sparked by a new deregulation policy.

Mexico

US eases oil export ban

The US Department of Commerce agreed to allow limited crude oil trading with Mexico, easing a ban on crude exports that has been in place for 40 years.

Mexico

Mexico: violence continues in wake of elections

Mexico's ruling coalition kept its slim majority in elections marred by violence and assassination of candidates. Striking teachers attempted to disrupt the vote, calling it a farce.

Mexico

Mexico cracks down on narco-oil

In an open acknowledgement that it cannot secure its pipeline system from plunder by criminal gangs, Mexico will no longer pump refined gasoline and diesel through the network.