Manuel Lopez News

U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out.The incident took place last Tuesday night at the terminal in the popular tourist hub of Playa del Carmen, and follows a five-year fight with the government over Vulcan's concessions punctuated by sharp criticism from the country's president last year.Vulcan…

Mexico plans to build a liquefied natural gas (LNG) export hub worth between $4 billion and $5 billion in the Gulf of Mexico that will help serve European demand, President Andres Manuel Lopez Obrador said on Tuesday.The planned LNG facility in the port of Coatzacoalcos, in the eastern state of Veracruz, would transport gas by boat to Europe, Lopez Obrador said."We're about to promote private sector involvement, it's going to be an investment of $4-5 billion this plant," he told a regular news conference.Lopez Obrador had previously floated the idea of an LNG plant in Coatzacoalcos, alongside

High rates worldwide for moving oil are driving up Mexico’s fuel costs as importers face tanker fees on North America’s busiest maritime route that are more than double levels seen in recent years, traders and shippers said.On routes to Mexico, the extra costs have added price volatility to an otherwise stable freight market, according to Refinitiv Eikon data and people familiar with the matter.The rates are the latest blow to state oil company Petroleos Mexicanos, which controls the bulk of fuel imports later sold at subsidized retail prices.

Five workers were killed and six injured in Sunday's fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico's oil production, the company said on Monday.The fire broke out as crews were performing maintenance on the platform, and a search for missing workers continues, Pemex Chief Executive Octavio Romero told a news conference.The platform remains out of operation, with about 421,000 barrels per day of oil lost and 125 wells offline, he said.

A diesel cargo sent by Mexico's state-run Pemex [was] due to arrive in Cuba's Havana port on Monday, according to Refinitiv Eikon data and sources, after Mexican President Andres Manuel Lopez Obrador promised humanitarian aid to the Communist-run island, [Reuters reported Monday.]The Jose Maria Morelos II, a tanker owned and managed by a Pemex unit, is on its way to the Caribbean island after Mexico's left-leaning government last week announced it would send two humanitarian shipments, including food and diesel, to Cuba.Authorities in Havana have long said that a decades-old U.S. embargo on Cuba has caused widespread hardship on the island, where thousands took to the streets this month in protests.

Mexico will send two navy ships loaded with food and medical supplies to Cuba, the foreign ministry said on Thursday, after President Andres Manuel Lopez Obrador blamed the U.S. embargo for fomenting the biggest unrest in Cuba in decades.The ships will leave the port of Veracruz in the Gulf of Mexico on Sunday, taking syringes, oxygen tanks, and masks along with powdered milk, cans of tuna, beans, flour, cooking oil, and gasoline.The shipments exemplify Mexico's policy of "international…

Three Cuban-flagged tankers that are under U.S. sanctions for transporting Venezuelan oil to the Communist-run island have been serviced in the port of Veracruz on Mexico's Gulf coast, according to vessel tracking data and industry sources.The maintenance work on the vessels—one of which was serviced as recently as this month—is a potential breach of sanctions on Venezuela, two lawyers who specialize in U.S. sanctions said.However, the United States has in the past not brought enforcement actions against shipyards for doing work on blacklisted vessels from those countries, according to U.S. Treasury Department data.Under U.S. law, companies and individuals are prohibited from materially assisting sanctioned entities.

Mexican authorities said on Sunday they had confiscated a vessel in the Gulf Coast state of Veracruz and a warehouse in neighboring Tabasco along with storage tanks and trucks used by criminal groups to steal, transport and store hydrocarbons.Fuel theft has been a problem in Mexico for decades but President Andres Manuel Lopez Obrador has enacted a range of measures to stamp out the practice and crush corruption and organized crime.State oil company Petroleos Mexicanos said in a recent presentation that an estimated 106 billion pesos ($5.02 billion) had been saved since Lopez Obrador took office in December 2018.Various anonymous complaints about criminal groups siphoning off hydrocarbons from pipelines in the area led to the operation…

The U.S. government on Wednesday issued a warning about the threat posed by pirates to boats and oil installations in the southern Gulf of Mexico, in the latest sign of concern about ongoing security challenges facing Mexico."Armed criminal groups have been known to target and rob commercial vessels, oil platforms, and offshore supply vessels in the Bay of Campeche area in the southern Gulf of Mexico," the U.S. State Department said in an updated travel advisory.The overall risk level for Mexico remained the same in the bulletin…

The trading arm of Mexican state oil company Pemex is mulling options to slash the number of fuel cargoes the country imports in May and June as demand plummets because of the coronavirus, three sources close to the talks told Reuters.Pemex last week declared force majeure over fuel supplies from its trading arm PMI Comercio Internacional after a bottleneck of more than 60 vessels built up outside Mexican ports, waiting to discharge.But PMI still has not declared force majeure…

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil supply by 20%. Measures to slow the spread of the coronavirus have destroyed demand for fuel and driven down oil prices, straining budgets of oil producers and hammering the U.S. shale industry, which is more vulnerable to low prices due to its higher costs.

Canadian and U.S. government representatives will arrive in Mexico on Tuesday to sign the United States-Mexico-Canada Agreement (USMCA), Mexico's President Andres Manuel Lopez Obrador said.The three countries have come to an agreement over labor, steel and aluminum, he said at his regular daily news conference. (Reporting by Daina Beth Solomon and Abraham Gonzalez, Editing by Frank Jack Daniel)

Mexican state oil firm Pemex has reached a preliminary agreement with a consortium led by Talos Energy to evaluate whether the group's find in the Gulf of Mexico extends into a neighboring Pemex block, the companies said in a statement on Thursday.The deal, which covers territory in the shallow waters of the Gulf of Mexico, is the first of its kind for Pemex and will be in force for two years.The Talos consortium, which includes Britain's Premier Oil and Mexico's Sierra Oil & Gas, won development rights for two blocks during the first oil auction launched by President Enrique Pena Nieto.

The Port of Hueneme announced that it will receive more than $307,500 in funds from the U.S. Department of Homeland Security (DHS) through the Fiscal Year 2016 Port Security Grant Program (PSGP). The funds will provide multi-functional applications protecting critical port and regional infrastructure from terrorism, enhance maritime domain awareness, improve port-wide maritime security risk management, and maintain or reestablish maritime security mitigation protocols that support port recovery and resiliency as well as enhance the response capabilities of our regional law enforcement partners. Said President of the Board Dr. Manuel Lopez…

The Port of Hueneme launched the second phase of its Grid-Connected Shore Power System, celebrating another next step forward in reducing air emissions and minimizing environmental impact. Among the community leaders attending the ribbon cutting were Congresswoman Julia Brownley, County Supervisor Kathy Long, Ms. Sabiha Khan with Senator Dianne Feinstein’s office, Port Hueneme Mayor Douglas Breeze, and VCTC chairman Keith Millhouse. By connecting to the Port’s Grid-Based Shore Power System, refrigerated cargo vessels calling the Port can shut down their auxiliary marine engines and operate on shore power in lieu of diesel fuel dramatically reduce greenhouse gas emissions.

The Port of Hueneme Board of Commissioners voted in officers for 2014 at their first meeting of the year held January 13, 2014. Senior Commission member and former five-time President Jess Herrera nominated Commissioner Mary Anne Rooney to take the helm as president. Rooney’s nomination received unanimous Board support and for the first time in the Port’s 77 year history a woman takes the office of Board President. Commissioner Herrera was named Vice President and Commissioner Manuel Lopez was voted Secretary.