The president-elect said his government will invest an additional 175 billion pesos ($9.4 billion) next year in state-run energy companies.
According to THE WALL STREET JOURNAL, Mexican President-elect Andrés Manuel López Obrador said Friday his government will earmark 175 billion pesos ($9.4 billion) in additional investment next year at state-run energy companies and will start work on a new oil refinery in southern Mexico.
Mr. López Obrador, who campaigned on promises to reduce Mexico’s dependence on imports for gasoline and other fuels, said state oil company Petróleos Mexicanos urgently needs to reverse the decline in oil production and refining.
more recommended stories
Festival de las Animas Mérida 2021, from October 24th to November 2nd
Mérida, Yucatán, (October 19, 2021).- At.
Great discovery in Yucatan! Underground connection between a cenote and a cave
Nine marine species and cave paintings.
John Kerry, US Climate Representative, defends clean energy before AMLO´s electric reform
“The move to a clean economy.
Quintana Roo Hotels lose half of their guests to Airbnb
Entrepreneurs from the south of the.
Relatives of María José fear that she has been a victim of femicide in northern Mérida neighborhood
Despite the fact that yesterday it.
According to Coneval, poverty in Yucatan increased by 26.6% in 2 years
Mérida, Yucatán, (Ocober 18, 2021).- In.
“Sharing” a new trend in housing in Mexico and around the world
Today, sharing in the home has been strongly positioned, which.
900-year-old sword found on the Mediterranean seafloor
An Israeli amateur diver found a.
Monday 18th, less than 200 Covid infections and low number of hospitalized in Yucatan
Coronavirus infections are on the decline.
Tourist dies after falling from a sixth floor in a residential complex in Cancun
Cancun, Quintana Roo, (October 19, 2021).-.