The Ministry of Finance and Public Credit (SHCP) released the payment of participations to corresponding federal entities in the first half of 2020. The entities that received the most resources were: State of Mexico, Mexico City, Jalisco, Veracruz and Nuevo León. The Participations to Federal Entities or Branch
JB Hunt decreased its capital spending by 44.2% in the first half of 2020, compared to the same period in 2019, reflecting caution given the uncertainty of the prospects. The company‘s net capital expenditures for the six months ended June 30, 2020 approached $ 265 million compared to
The peso begins the session with few changes, showing a minimum appreciation of 0.01% and trading around 22.55 pesos per dollar, as optimism is observed in the exchange market, where most currencies gain ground against the dollar. This is because in Europe the main economies are close to
Natural gas exports through pipelines from the United States to Mexico averaged 5.3 Bcf / d in the first quarter of 2020, an increase of 9% compared to the same period in 2019. Exports to Mexico should continue to increase as more natural gas power plants come online
The Ministry of Economy published a list of 64 frequently asked questions about the Treaty between Mexico, the United States and Canada (USMCA). The USMCA contains disciplines similar to the Comprehensive and Progressive Trans-Pacific Partnership Treaty (TIPAT, or CPTPP for its acronym in English). Among others, it regulates
Mexico will have less oil production in 2020 and 2021, according to July projections from the United States Energy Information Administration (EIA). First, Mexico agreed to cut oil production by 100,000 barrels per day (b / d) under the April agreement of the Organization of Petroleum Exporting Countries