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In Mexico, US energy firms face a slow rolling expropriation
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Mexican President Andres Manuel Lopez Obrador with United States Trade Representative Robert Lighthizer (R) and Canadian Vice-Prime Minister Chrystia Freeland in Mexico City in 2019. U.S energy companies say the Lopez Obrador government has violated at least the spirit of the U.S. Mexico Canada Agreement by undermining Mexico’s energy reforms to favor the old state-owned energy companies over new foreign competitors.RODRIGO ARANGUA, Contributor / AFP via Getty ImagesShow MoreShow Less
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Construction underway at the site of a $7.7 billion oil refinery, in Paraiso, Mexico. President Andrés Manuel López Obrador has suggested he wants the return monopoloy control of the oil and gas industry to Pemex, despite six-year old reforms to open energy markets to competition.CELIA TALBOT TOBIN, STR / NYTShow MoreShow Less
In Mexico, US energy firms face a slow rolling expropriation
FacebookTwitterEmail
1of4
Mexican President Andres Manuel Lopez Obrador with United States Trade Representative Robert Lighthizer (R) and Canadian Vice-Prime Minister Chrystia Freeland in Mexico City in 2019. U.S energy companies say the Lopez Obrador government has violated at least the spirit of the U.S. Mexico Canada Agreement by undermining Mexico’s energy reforms to favor the old state-owned energy companies over new foreign competitors.RODRIGO ARANGUA, Contributor / AFP via Getty ImagesShow MoreShow Less
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Construction underway at the site of a $7.7 billion oil refinery, in Paraiso, Mexico. President Andrés Manuel López Obrador has suggested he wants the return monopoloy control of the oil and gas industry to Pemex, despite six-year old reforms to open energy markets to competition.CELIA TALBOT TOBIN, STR / NYTShow MoreShow Less
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