Puerto Vallarta News

Puerto Vallarta News

Mexico’s president-elect says the country will stop exporting oil

The president-elect of Mexico, Andrés Manuel López Obrador, said today that the country will only extract the oil it requires to satisfy domestic consumption and that it will stop exporting this resource abroad.

"Mexico is no longer going to sell, in the medium term, crude oil abroad; We want to process all our raw material," said the leftist politician at a conference held in the southern state of Tabasco.

López Obrador said that his government will not aspire to "extract a lot of oil," because "that is an inheritance that must be left to the new . . .

Read Full Story

Related Posts

Mexico tourism inflows

Mexico tourism inflows hit $35.8B in 2025 estimates

Mexico tourism inflows were pegged near $35.8B in 2025, supporting jobs and regional spending as...
Mexican peso today

Peso under 18 in first 2026 session as traders reset

Mexico’s peso ended Jan. 2 near 17.91 per dollar, keeping the peso under 18 as...
Quintana Roo earthquake

Puerto Vallarta evacuations after Guerrero quake alert

Puerto Vallarta evacuations followed a 6.5 quake in Guerrero after phone alerts triggered drills in...
Chiapas Guatemala border

How the Chiapas-Guatemala border became a criminal toll road

A hidden crossing on the Chiapas-Guatemala border shows how cartels turned everyday trade into a...