Edition:
United States

David Alire Garcia

Explainer: Mexico's fuel woes rooted in chronic theft, troubled refineries

Jan 11 2019

MEXICO CITY President Andres Manuel Lopez Obrador has launched the most sweeping attack against rampant corruption and organized crime of his young administration: aiming to stop a growing fuel theft racket that has grown dramatically in recent years.

Mexico holds firm in fuel theft fight, panic buying hits capital

Jan 09 2019

SALAMANCA, Mexico Mexican President Andres Manuel Lopez Obrador said on Tuesday an army-assisted crackdown on fuel theft was "not in vain" despite shortages that spread to the capital after the government closed pipelines and refineries to choke the black market. | Video

Guatemalan mine conflict alarms industry across Latin America

Dec 24 2018

CASILLAS, Guatemala A bitter drama playing out over a Guatemalan silver project forced to close by the courts has shocked miners throughout Latin America, sounding a warning to firms to approach indigenous issues more cautiously or pay the consequences.

CORRECTION-Mexico's Pemex to pay more taxes despite pledge to boost company

Dec 21 2018

MEXICO CITY, Dec 21 Mexico's new leftist president has pledged to revive the fortunes of state oil company Pemex with a bigger budget next year - while proposing the oil giant pay even more in taxes.

RPT-Pemex aims for splash in shallow waters, retreats from the deeps

Dec 17 2018

MEXICO CITY, Dec 16 Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company.

Pemex aims for splash in shallow waters, retreats from the deeps

Dec 16 2018

MEXICO CITY Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company.

Mexico's new president throws down gauntlet to oil majors

Dec 05 2018

MEXICO CITY Mexico's new president, Andres Manuel Lopez Obrador, said on Wednesday he would not cancel contracts issued to foreign and national oil companies by his predecessor but challenged them to pump oil quickly or no further oil fields would be offered.

Mexico's new government prepares sale of former president's plane

Dec 03 2018

MEXICO CITY The big, luxurious airplane used to ferry Mexico's former president around the globe is about to fly away permanently in one of the first moves by the new president to rid the country of what he has derided as a towering symbol of excess. | Video

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