Puerto Vallarta News

Puerto Vallarta News

Carlos Slim’s Carso Energy Will Help Build New $767 Mil Pipeline

A consortium including an energy company controlled by billionaire Carlos Slim won a contract to build a 230 km (143 mile) pipeline to supply gas to central, northern and western Mexico, the state power company said on Thursday.

The consortium, which consisted of Slim's Carso Energy and U.S. companies Energy Transfer Partners and MasTec Inc, presented the lowest bid of $767 million for the work.

That bid was significantly below the $1.365 billion budgeted for the project by Mexico's state power company CFE.

The Waha-Presidio pipeline will run through Texas and connect with a pipeline . . .

Read Full Story

Related Posts

puerto vallarta mayor

Petition seeks recall of Puerto Vallarta Mayor Munguía

A new Change.org petition urges a recall of Puerto Vallarta Mayor Luis Ernesto Munguía amid...
mexico birth certificates

Foreigners Obtain Mexican Birth Certificates in Fraud Scheme

Mexican officials uncovered a corruption ring that issued legitimate-looking Mexican birth certificates to foreigners, now...
El Estúpido arrested in CDMX

US Arrests Over 1,000 Sinaloa Cartel Suspects in 43-Day Sweep

US authorities arrested 1,041 Sinaloa cartel and 856 CJNG suspects across the country in 43...
purple snail

Oaxaca honors last purple snail dyers to save ancient art

A handful of Mixtec elders in Oaxaca keep alive a millennia-old craft of milking sea...