Pemex fracking plan was approved on Tuesday but vetoed by AMLO

The president has vetoed fracking operations that the state oil company had planned to carry out at a site in Tamaulipas.

On Tuesday, the National Hydrocarbons Commission (CNH) granted Pemex approval for hydraulic fracturing in the Huampa oil field. On Wednesday, it was vetoed by President López Obrador.

He told his morning press conference that the fracking request had been filed last November, but in fact it was filed by Pemex in February, in spite of López Obrador’s longtime opposition to the use of fracking to extract shale oil and gas.

During his election campaign last year he pledged that he would ban its use.

The plan approved by the CNH represented an investment of US $20 million over three years in the Tamaulipas field.

The Mexican Alliance Against Fracking said it was alarming that plans by Pemex and approvals by the CNH would ignore the president’s often-stated stand against hydraulic fracturing.

Source: Milenio (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
captured El Tanque

Iván Cazarín, regional CJNG boss known as ‘El Tanque,’ is captured in Zapopan

0
Cazarín is a major figure in the Jalisco New Generation Cartel and ran a major fuel theft operation in the states of Veracruz, Oaxaca, Tabasco and Puebla, though the charges could also include homicide, kidnapping, money laundering and drug trafficking.
workers on a construction project

Mexico’s fixed capital investment grew 6% in July, the fastest pace in 2 years

0
The overall FCI growth rate was up slightly from a 5.9% annual expansion in June, whereas annual private-sector FCI growth increased 2 percentage points from June to reach its highest level in 30 months, a sign that businesses' confidence in their long-term economic prospects is improving.
grandmother tree in Lochiel, Arizona

Activists condemn felling of ancient trees for border wall

1
Federal contractors felled a centuries-old cottonwood on the U.S.-Mexico border Monday after U.S. Border Patrol agents removed protesters who had spent about 70 days trying to save it from President Donald Trump’s border wall expansion.
BETA Version - Powered by Perplexity