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.
pesos

Remittances increase for sixth straight month, but strong peso blunts the benefit

0
Mexican families receiving remittances from abroad are finding themselves in the same situation as dollar earners, Social Security recipients and tourists — a strong local currency doesn't always benefit local spenders.
Summer evenings in San Miguel highlight church towers and other historic buildings backed by lingering sunsets.

MND Local: Golf course, green spaces and industrial growth in San Miguel

0
Debates over a proposed golf course, new trees in Parque Juaréz and a potential downtown parking garage. Here's what's happening in SMA.
Mugshot and vehicle of R5, deceased leader of the Cártel de Los Reyes

Mexico’s military kills avocado-extortion ringleader ‘R5,’ one other in surprise shootout

0
While carrying out an operation in Tocumbo, Michoacán, Mexican Army troops and a Navy plane came under attack and returned fire, killing Luis Enrique Barragán, known as "El Güicho" and "R5," and an unidentified victim.
BETA Version - Powered by Perplexity