Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico's next president will honor existing oil contracts -official

Mexico’s next president will honor existing oil contracts -official

MEXICO CITY, Sept 27 (Reuters) - Mexico’s president-elect, Andres Manuel Lopez Obrador, assured private energy executives in a closed-door meeting on Thursday their contracts will not be canceled if they meet existing terms, the head of the country’s main oil producers’ association said.Lopez Obrador, who has often expressed skepticism of private sector involvement in Mexico’s oil industry, met for the first time on Thursday with oil and gas executives, striking what was described as a diplomatic tone with them.“The president-elect told us on various occasions . . .

Read Full Story

Related Posts

Olas Altas Beach stands under a red flag

Puerto Vallarta issues red flags across key tourist beaches

Eight Puerto Vallarta beaches flew red or mixed flags on Feb. 20 as lifeguards warned...
Playa del Carmen home demand is turning more permanent

Playa del Carmen home demand is turning more permanent

More buyers are moving to Playa del Carmen to live year-round, nudging developers beyond vacation...
Los Cabos courts Gulf travelers with premium air plans

Los Cabos courts Gulf travelers with premium air plans

Los Cabos is targeting higher-spend visitors and keeping Emirates talks alive as it plans longer-term...
kovay

Mexico probes Kovay Gardens resort after US sanctions

Mexico’s FGR and UIF are investigating Kovay Gardens near Puerto Vallarta after U.S. sanctions tied...