Entries by Soporte

Breaking Barriers and Building the Future

From the beginning, I was clear that my passion lay in the energy sector and risk management. With a background in business and extensive experience in specialized insurance, I founded NRGI Broker, a firm that has set the standard in this industry. My work has been focused on innovation, strategic analysis, and creating opportunities to […]

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Chamber of Commerce conditions support for Trump’s USMCA deal on lifting metals tariffs for Mexico and Canada

Washington Examiner / Sean Higgins / December 10 The Chamber of Commerce announced Monday that it would lobby Congress to pass the U.S.-Mexico-Canada Agreement on trade when it comes up for a vote next year, but that support was contingent on exempting Canada and Mexico from the U.S. tariffs on steel and aluminum imports. The […]

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Mexican President Weighs Bids on Huge New Oil Refinery Construction

Sputnik News / Latin America / December 10   MEXICO CITY (Sputnik) – Mexico’s new President Andres Manuel Lopez Obrador said on Sunday that tenders for the construction of a new large oil refinery in the country’s southeastern state of Tabasco would be announced no later than March 2019. “The oil refinery will be built here […]

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Mexico’s incoming government names ally from left to central bank

Reuters / Frank Jack Daniel / November 26   MEXICO CITY (Reuters) – Mexico’s incoming finance minister on Monday nominated left-leaning economist Gerardo Esquivel as central bank deputy governor, the second appointment to the board by the new government following an independent named in September. In a 2016 newspaper opinion piece, Harvard-educated Esquivel raised the […]

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As new Mexican president takes office, experts foresee rocky road in relations with U.S.

Houston Chronicle / Olivia P. Tallet / November 15 Two men with outsized personalities, both intent on bringing dramatic change to their societies. Two countries, side by side, with a long history of friendly trade and sometimes hostile diplomacy. As leftist president Andres Manuel Lopez Obrador takes the mantle of the Mexican presidency Dec. 1, political […]

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Will Mexico’s New President Have An Economic Impact on RGV?

KVEO / Joanna Guzman / 12 November   MCALLEN, Texas – Mexico’s president-elect, Andres Manuel Lopez Obrador, plans on canceling the construction of a $13 billion airport project in Mexico City. Officials say this will have an economic impact for both the United States and Mexico. Duncan Wood, Director for Wilson Center-Mexico Institute says, “We’re seeing […]

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Relief On Horizon for Mexico Natural Gas Market, Despite Short-Term Challenges

Natural Gas Intelligence / Andrew Baker / November 12 Mexico’s natural gas market faces multiple short-term challenges, the most urgent of which is a lack of supply to power generators, petrochemical plants, and industrial consumers in the southern and southeastern part of the country, as the state-owned oil and gas producer struggles to increase output. Amid […]