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Mexico’s Supreme Court blocks the use of higher ethanol levels in gasoline
2020-01-18
The Court’s decision follows a modification of a gasoline regulation by Mexico’s Energy Regulatory Commission which sought to allow up to 10% ethanol in gasoline sales nationwide
Chinese automakers want to expand in Mexico
2020-01-18
At least three Chinese automakers are preparing to produce vehicles in Mexico or expand their existing operations
U.S. Senate approves USMCA trade deal
2020-01-16
The U.S. Senate has approved the USMCA after months of negotiations
Pemex to invest trillions in the current administration
2020-01-14
Pemex's new exploratory and development strategy is part of the investment program Mexico's government will present in February
Mexico reaffirms its nationalist policies by canceling 2020 oil and gas auctions
2020-01-12
According to the President, private companies are not fulfilling their contracts
Mexico hedges Pemex 2020 oil output to protect from low crude prices
2020-01-11
The oil hedging program, the world’s largest financial oil deal, is designed to protect Latin America’s second-largest economy against oil price crashes
Mexico’s economy grew 0% in 2019
2020-01-09
The World Bank also cut Mexico's growth from 1.5% to 1.2% for 2020
Mexico’s automotive industry is threatened by exports drop
2020-01-09
Carmaking is a pillar of Mexican manufacturing and a forecast that output and exports would decline again in 2020 does not augur well for Mexico’s stagnant economy
Mexico and Pemex at risk of rating downgrade in 2020
2020-01-04
Mexico threw Pemex a lifeline in 2019 to stop USD $80 billion in bonds held by investors worldwide being labeled junk by credit rating agencies; now, investors worry that the state itself is a risk for the oil company
After minimum wage hike, Banxico warns about inflation risk
2020-01-04
Mexico's central bank’s board members argued that emerging risk will make it difficult to bring inflation to the bank’s 3% target in 2020