03/07 Closing Prices / revised 03/07/2025 21:59 GMT | 03/06 OPEC Basket $71.75 –$2.50 cents | 03/07 Mexico Basket (MME) $63.66 +$0.79 cents 01/31 Venezuela Basket (Merey)  $66.86   +$5.73 cents  03/07 NYMEX Light Sweet Crude $67.04 +$0.68 cents | 03/07 ICE Brent $70.36 +$0.90 cents  03/07 Gasoline RBOB NYC Harbor  $2.1087 +0.0075 cents 03/07 Heating oil NY Harbor  $2.2160 -0.0078 cents | 03/07 NYMEX Natural Gas  $4.399 +0.097 cents | 03/07 Baker Hughes Rig Count (Oil & Gas)  592 -1 | 03/07 USD – Dollar/MXN  20.2544 (data live) 03/07 EUR – USD  $1.0833 (data live)  03/10 US/Bs. (Bolivar)  $65.26620000 (data BCV) Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

Energy dispute not discussed at North American leaders’ summit, AMLO to meet Canadian companies – Reuters

Mexican President Andres Manuel Lopez Obrador speaks at a joint news conference with U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau at the conclusion of the North American Leaders' Summit in Mexico City, Mexico, January 10, 2023. REUTERS/Henry Romero
Mexican President Andres Manuel Lopez Obrador speaks at a joint news conference with U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau at the conclusion of the North American Leaders’ Summit in Mexico City, Mexico, January 10, 2023. (Henry Romero/Reuters)

Reporting by Dave Graham, Reuters

MEXICO CITY
EnergiesNet.com 01 13 2023

The leaders of North America did not discuss an ongoing dispute over Mexico’s energy policies during a summit in Mexico City this week, Mexican President Andres Manuel Lopez Obrador said on Thursday.

Washington and Ottawa in July launched dispute settlement proceedings under a regional trade deal against Mexico’s drive to give priority to its state-run energy companies, arguing the policy discriminates against private U.S. and Canadian firms.

“We did not discuss that,” Lopez Obrador told a news conference, noting the dispute had its own resolution mechanism under the United States-Mexico-Canada (USMCA) trade agreement.

Lopez Obrador met with U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau for a trilateral summit on Tuesday in Mexico City. He also held a bilateral meeting with Biden on Monday and one with Trudeau on Wednesday.

Trudeau did raise Canada’s concerns over Mexico’s energy policies, prompting Lopez Obrador to announce he would receive Canadian companies that had problems they wanted resolving.

The Mexican president said he would meet with one Canadian company that had an issue on electricity relating to so-called self-supply permits, which his government has sought to end.

He did not name the company, and said there were also “one or two” companies to do with mining, without identifying them. He could meet the company with the electricity complaint as soon as next week, he said.

Lopez Obrador last year sat down with U.S. companies to address their problems in the energy sector.

But it did not prevent the U.S. Trade Representative filing its request for dispute settlement talks, which Canada immediately joined. Officials and industry sources said the United States took the step because it was not satisfied with purely ad hoc settlements for their energy concerns.

Reporting by Dave Graham Editing by Valentine Hilaire and Marguerita Choy

reuters.com 01 12 2023

Share this news

Leave a Comment


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

 

Energy - Environment

No posts found!

Point of View

EIA Total Energy Review
This Week in Petroleum