Mexico’s Olmeca Refinery Achieves Record Production in July
The Olmeca refinery, built under AMLO, hit a record 252,000 barrels per day in July, covering 19.38% of Mexico’s diesel and gasoline demand.
Energy
-
-
Sheinbaum Says Mexico Should Not Be a Data Center for Other Places, Because It Requires a Lot of Energy and Water
Sheinbaum said data centers should serve Mexico’s own AI, not other countries, with the power that runs them kept under public-sector control.
-
Sheinbaum and Lula Strengthen Cooperation Between Pemex and Petrobras
In a video call, the two presidents advanced a June memorandum pairing the state oil firms on Gulf of Mexico exploration, refining, and fuel marketing.
-
Pemex’s Financial Debt Stood at 77.5 Billion Pesos, 9.1% Less Than in 2025
Pemex, Mexico’s state-owned oil company, cut its debt while hydrocarbon output rose 4.6% and sales revenue jumped 30.3% year on year.
-
Pemex and Petrobras Sign Cooperation Memorandum on Exploration, Production, and Transformation of Hydrocarbons
The non-binding, two-year pact grew out of a March proposal by Lula to Sheinbaum; Petrobras eyes Gulf of Mexico deepwater, mature fields, refining, and fertilizers.
-
Fracking: A False Solution for Mexico
Every peso spent on prolonging gas dependency is a peso not invested in electricity transmission, battery storage, distributed solar generation, wind power, energy efficiency, demand management, or grid modernization.
-
President Lula Offers Petrobras-PEMEX Alliance for Gulf of Mexico Exploration
Brazilian President Luiz Inácio Lula da Silva referenced the South American company’s experience in deep-water operations in his offer to Mexican President Sheinbaum.
-
Day of Mobilization at Supreme Court
Among the protesters will be the SME electrical workers union, demanding a review of the dissolution of the Luz y Fuerza del Centro public utility.
-
CFE Consolidates Position as Driving Force of National Development
The director of Mexico’s public energy enterprise identified energy justice, the prohibition of profit-making, planning and expanding internet services as key elements advancing the re-socialization of the utility.
-
Asymmetric Dependence, the New Economic Order
Mexico ceased to be energy sovereign in 2014, but rebuilding state-owned enterprises gives it the flexibility and capacity to avoid Trump using energy as a weapon to extract concessions and halt the national development of strategic sectors. Europe is too far gone.
