Faced with thousands of conservative opposition demonstrators camping out in the streets of Mexico City since he took office, the administration of Mexican President Andrés Manuel Lopez Obrador (AMLO) is under renewed pressure to come up with a strategy to address the nation's tottering energy sector, which has reached a critical juncture in the
Mexico to Renationalize Oil Next Year If Current Laws Fail to Save Reeling PEMEX
AMLO first hinted at the prospect of re-nationalizing Mexico’s oil industry in August and recently doubled down on the idea as well as leaving open the possibility of refinancing the energy sector’s enormous debt.