The Mexican government expects Pemex’s purchase of Deer Park to be completed in January 2022, after it was expected to happen in late 2021. On December 22, 2021, the Committee on Foreign Investment in the United States (CFIUS) authorized the acquisition by Pemex of the Deer Park refinery
Marvic Petroleum, a company with more than 300 pipes to distribute gasoline and diesel in Mexico, celebrated Three Kings Day. The company is totally Mexican, it provides service throughout the country and its event is part of its social responsibility actions. It also occurs in a context in
The omicron variant has raised logistics costs and is a stark reminder that the Covid-19 pandemic is not over, said David Malpass, president of the World Bank. According to him, new variants of the virus can put even highly vaccinated countries under pressure and threaten to wreak havoc
World trade has recovered along with world economic activity, highlighting durable goods, said a World Bank report released on Tuesday. First of all, the recovery has been swift for trade in goods. Trade in services has strengthened; however, it still lags behind, with travel services particularly moderate. In
The manufacture of transportation equipment registered a 10% year-on-year drop in November 2021 in Mexico, Inegi reported on Tuesday. Between January and November, this indicator achieved a growth of 9.8%, also considering a real percentage variation with respect to the same period of the previous year. On the
Members of the World Trade Organization (WTO) did not reach a consensus to hold a meeting related to intellectual property obligations and the Covid-19 pandemic. This is an offer by India to schedule a virtual ministerial meeting focused on the proposed exemption from some intellectual property obligations to