The new government in the world’s newest oil producer, Guyana, looks to raise the requirement for local content in employment and procurement of goods and services in the offshore oil projects, which could raise those requirements for ExxonMobil, the biggest foreign developer of Guyana’s huge oil resources. After months of election controversy, Guyana’s new President Mohamed Irfaan Ali and Vice President Bharrat Jagdeo, who were sworn in earlier this month, demand more from ExxonMobil on the so-called local content. “We…
Published by OilPrice.com at August 20, 2020 3:30 pm.OilPrice.com →
In this document, Emilio Lozoya directly accuses former President Enrique Peña Nieto and former Secretary of the Treasury, Luis Videgaray, of being the ones who ordered him to receive money from Odebrecht and to give bribes to former senators, former deputies; as well as many other politicians and journalists
Published by Infobae at August 20, 2020 3:24 pm.Infobae → English →
Luis Nava, in his capacity as president of the Queretana Network of Municipalities for Health, stressed that the objective of these actions has been to prevent, attend and channel
Published by Diario de Querétaro at August 20, 2020 3:12 pm.Diario de Querétaro → English →
The National Court of Spain acquitted a Spanish woman, identified as Isabel MG, claimed by Mexico for participating in the kidnapping of a French citizen in San Miguel de Allende, Guanajuato, from whom her captors cut off part of a finger to demand that the family paid six million dollars, in 2017. Her extradition to Mexico, in 2018, was denied because she was Spanish ...
Published by Noticias Con Valor at August 20, 2020 3:05 pm.Noticias Con Valor → English →
One country often ignored when considering Latin America’s regional hydrocarbon sector is the Latin American country of Peru. Over the last two decades, the Andean country has developed rapidly to become one of the leading mining jurisdictions in Latin America. In only 20 years, Peru’s vast mineral wealth combined with it becoming an attractive jurisdiction for foreign investment caused gross domestic product to soar fourfold to $227 billion for 2019. The successful growth of the Andean country’s mining industry could be one of…
Published by OilPrice.com at August 20, 2020 3:00 pm.OilPrice.com →
The Ministry of Economic Affairs, Labor and Housing of the German state of Baden-Württemberg announced that it will finance a two-year project aimed at investigating how to best reclaim battery electrodes. The $1-million project, called RecycleMat, is led by the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW). Its ultimate goal is to prevent bottlenecks in the supply chains of cobalt, lithium, and natural graphite and to mitigate price risks. “Future demand for lithium-ion batteries for electric vehicles…
Published by OilPrice.com at August 20, 2020 2:30 pm.OilPrice.com →
Every severe economic crisis shakes the basic foundations of seemingly mainstream policies and ideas and makes one wonder whether the recession’s impact could have been mitigated by timely and ambitious decisions. Despite being the country with the lowest GDP drop this year in Europe, Poland seems to be smitten by such nationwide deliberation and perhaps unsurprisingly substantial attention is dedicated to the future of coal. For decades Poland was among the world’s top coal producers, to the extent that up to today no EU member burns…
Published by OilPrice.com at August 20, 2020 2:00 pm.OilPrice.com →
The case involves the former director of Pemex, Emilio Lozoya, and the businessman Alonso Ancira for a millionaire surcharge in the purchase and sale of the Agro Nitrogenados plant
Published by Infobae at August 20, 2020 1:44 pm.Infobae → English →
EDUCAFIN generates opportunities for young people to prepare and generate social and economic projects in their communities. Governor Diego Sinhue Rodríguez Vallejo heads the State Meeting of the Guanajuato EDUCAFIN Mentors Network. Guanajuato, Gto. August 20, 2020.- Education is the best investment that any government can make and ...
Published by Boletines Dependencias at August 20, 2020 1:09 pm.Boletines Dependencias → English →
Whenever the commodity cycle reaches a trough, all eyes turn to China. Asia’s biggest powerhouse has through years of explosive growth become the top—or one of the top—importers of many commodities, leading the producers of these commodities to base their own growth strategies on China’s insatiable appetite. Nowhere is this truer than in oil and gas. And now the pandemic has bared the shaky foundation of this dependence. It could hardly be argued that China is an important factor in the oil markets. It is the second-largest…
Published by OilPrice.com at August 20, 2020 1:00 pm.OilPrice.com →
Although municipal authorities comment that they are now defining the economic amount that they will have to allocate together with the State to continue with the program
Published by Periodico Correo at August 20, 2020 12:51 pm.Periodico Correo → English →
There are commitments for the payment with an extraordinary payroll to the graduate teachers of the 2019 generation.
The entry They will invite older teachers to retire to free up places and give them to normalistas was first published in La Voz de Michoacán.
Published by La Voz de Michoacán at August 20, 2020 12:46 pm.La Voz de Michoacán → English →
Number of people who newly lost their work and filed for initial state or federal UI in the week jumped to 1.43 million. A rate of 6 million a month.
Published by Wolf Street at August 20, 2020 12:06 pm.Wolf Street →
It’s been a brutal year for shale. While the sector was already faltering, spurring countless headlines about the death of shale over the past year or so, the novel coronavirus has dealt the sector what many see as its death blow. As the bottom fell out of oil demand, compounded by a spat between the OPEC+ members of Russia and Saudi Arabia resulting in a global oil glut, the West Texas Intermediate crude benchmark bore the brunt of the fallout, plunging to nearly 40 dollars below zero on April 20. The impact has been devastating for the…
Published by OilPrice.com at August 20, 2020 12:00 pm.OilPrice.com →
* It will be held in two modalities: virtual and face-to-face Guanajuato, Gto., On August 20, 2020.- In order to create a space for convergence, diagnosis, reflection and dialogue of the various theatrical manifestations, the Ministry of Culture in collaboration with the State Institute of Culture invites groups and companies from Guanajuato to ()
Published by Boletines Dependencias at August 20, 2020 11:47 am.Boletines Dependencias → English →
The delegate of the State Secretariat of Education in León, Fernando Trujillo, reported that this was due to the economic problems caused by the pandemic
The entry Registered 490 requests to change students from private to public schools appears first in Online News.
Published by Noticieros En Linea at August 20, 2020 11:28 am.Noticieros En Linea → English →
Donors knew well that their money would go to the construction of the wall, but thousands of dollars were used to finance a luxurious lifestyle.
Published by Periodico Correo at August 20, 2020 11:16 am.Periodico Correo → English →
Oil plunged on Thursday morning, after an unexpected increase in weekly U.S. jobless claims added to a cautious view from the Fed about the U.S. economic recovery to weigh on prices. As of 10:29 a.m. EDT on Thursday, WTI Crude was down 3 percent at $41.64, and Brent Crude was trading down 2.16 percent at $44.41. The surprise increase of U.S. weekly jobless claims to return to above the 1 million mark weighed on oil prices, as well as on the stock market in New York, which opened lower on Thursday. Initial claims for unemployment insurance…
Published by OilPrice.com at August 20, 2020 11:00 am.OilPrice.com →
Published by The Yucatan Times at August 20, 2020 11:00 am.The Yucatan Times →
Even though the West African country has typically produced more oil than allowed under the OPEC+ production cut agreement, Nigeria has plans to boost production by about a quarter of a million barrels per day over the next two years. The production increase will come from the Nigeria Petroleum Development Corporation, a subsidiary of the national oil company, NNPC. NPDC’s group managing director Mele Kyari said this week that the company, which currently pumps some 260,000 bpd, will boost this to 500,000 bpd by 2022. The additional output,…
Published by OilPrice.com at August 20, 2020 10:30 am.OilPrice.com →
Leon, Gto. A patrol of the Municipal Police of León, staged an accident when slamming into the facade of a business in the Los Limones neighborhood. These events occurred during the early hours of this Thursday at the height of the Juan José Torres Landa boulevard and the intersection of the boulevard called with the same name of ...
Published by Zona Franca at August 20, 2020 10:23 am.Zona Franca → English →
Kuwait is running out of money for the salaries of public servants and will have no money to cover these after November, the country’s finance minister told parliament. Unless oil prices rise, the money being used now, withdrawals from the General Reserve Fund, will simply be depleted, Middle East Monitor reports, citing the official, Barak Al-Sheeran. Kuwait’s budget deficit hit $18.44 billion in fiscal 2019-2020, which ended in March. The deficit will widen this fiscal year on the back of the oil price collapse and the pandemic, potentially…
Published by OilPrice.com at August 20, 2020 10:00 am.OilPrice.com →
Mexico, (EFE) .- Emilio Lozoya, former director of Petróleos Mexicanos (Pemex) accused of receiving bribes from Odebrecht, denounced former President Enrique Peña Nieto for asking for 6 million dollars for his campaign and another for opponents such as Ricardo Anaya, former presidential candidate . This Wednesday the complaint that Lozoya filed with the Prosecutor's Office on August 11 was leaked to the media ...
Published by Zona Franca at August 20, 2020 9:59 am.Zona Franca → English →
"If they did not participate, if they did not receive money then do not worry, nothing will happen to them, and if they are being defamed, then they should file complaints for moral damage," said the president of Mexico
Published by Infobae at August 20, 2020 9:52 am.Infobae → English →
The representatives of these countries explained that the trade agreement, known as T-MEC, will help strengthen economic recovery efforts after the health crisis
Published by Infobae at August 20, 2020 9:07 am.Infobae → English →
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8-billion debt pile for equity. The company is the largest offshore rig owner in the world. Valaris follows Diamond Offshore Drilling and Noble Corp in bankruptcy court as the offshore drilling segment suffers the hardest blow from the latest oil industry crisis. The company has been in luck: about half of its bondholders have agreed to the proposed deal, which will allow the company to clear…
Published by OilPrice.com at August 20, 2020 9:00 am.OilPrice.com →
In her Twitter account, Lourdes Mendoza dissociated herself from these accusations and assured that she will sue Lozoya Austin.
The entry Lozoya: On the orders of Videgaray, he gave journalist Lourdes Mendoza a bag of 5,000 dollars, which was first published in La Voz de Michoacán.
Published by La Voz de Michoacán at August 20, 2020 8:02 am.La Voz de Michoacán → English →
My morning train WFH reads: • Stock Market’s Big Winners: It’s All About the Cloud: As the Covid-19 disruptions show, prosperity depends on dealing with customers, suppliers and just about everyone online. (Bloomberg) • What Happens When Stocks Make New Highs? If you’re not a short-term trader, then you’ll see that all-time highs are nothing…
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The post 10 Thursday AM Reads appeared first on The Big Picture.
Published by The Big Picture at August 20, 2020 5:45 am.The Big Picture →
The disbursement is part of the project "You and the City for a calm and orderly Guadalajara", which established a "traffic light" to identify the needs of each area of the municipality
Published by El Informador at August 20, 2020 4:20 am.El Informador → English →
In the last five years, two investigations have been opened for this crime, despite the fact that the UN has warned about practices of pornography, tourism and child sexual exploitation
Published by El Informador at August 20, 2020 4:00 am.El Informador → English →
* With information from Jorge Hernández and Ricardo Aguilar Guanajuato. The return to distance classes has implied a radical change in family dynamics but also changes in the economy. While some parents have opted for their children to leave private schools to go to public institutions, thus generating savings in ...
Published by Zona Franca at August 20, 2020 4:00 am.Zona Franca → English →
Leon, Gto. The most common addiction in young people is methamphetamine, known as crystal, and if there is no money to get it, many start stealing. Jorge Montañez, part of the board of directors of the United Rehabilitation Centers of Bajío (CRUB) points out that they have identified that young addicts commit up to 3 crimes when ...
Published by Zona Franca at August 20, 2020 4:00 am.Zona Franca → English →
The controversies in the plant contract would have been known to both former presidents, as well as the money granted for its continuity
Published by Infobae at August 20, 2020 3:50 am.Infobae → English →
This event is called Unidos Salvando Vidas; the business owners commented that Sandra Moreno told them about the association and they found it interesting what they were doing
Published by Periódico AM at August 19, 2020 11:57 pm.Periódico AM → English →
Growth during the Pandemic. And the state sure needs the money.
Published by Wolf Street at August 19, 2020 11:50 pm.Wolf Street →
Some 200 unionized workers from section 12 of Telmex in Celaya, which includes four other municipalities, joined the national strike this Wednesday to demand the elimination of the retirement clause for new workers
Published by Periódico AM at August 19, 2020 11:20 pm.Periódico AM → English →
This money came from bribes that the Odebrecht firm had given him and was given to Anaya on the instructions of the then Secretary of the Treasury, Luis Videgaray
Published by Periodico Correo at August 19, 2020 8:02 pm.Periodico Correo → English →
José Arturo Sánchez Castellanos, president of the León Business Coordinating Council, considered that the figures should be evaluated by an external body every month
The entry "Safe Guanajuato" must seek homologation of criminal indicators: CCEL appears first in Noticieros Online.
Published by Noticieros En Linea at August 19, 2020 7:55 pm.Noticieros En Linea → English →
BRASILIA, Brazil - Emergency payments to Brazil's poor could be extended until the end of the year, President Jair Bolsonaro said Wednesday, but they would be less than 600 reais ($ 108) a month today. According to El Economista, payments are widely mentioned as one of the reasons why the economy seems to have ...
Published by Cambio de Michoacán at August 19, 2020 7:48 pm.Cambio de Michoacán → English →
The former director of Pemex explained that a representative of the PAN received the money in the parking lot of the Chamber of Deputies
The entry Videgaray instructed Emilio Lozoya to deliver 6 million pesos to Ricardo Anaya, settles in the complaint was published first in La Voz de Michoacán.
Published by La Voz de Michoacán at August 19, 2020 7:21 pm.La Voz de Michoacán → English →
Canadian exploration and production companies have not rebounded from the sharp sell-off that took place in the oil patch after the OPEC+ fallout in March and the almost simultaneous advent of the coronavirus. Immediately oil prices began to crater, dragging down oil equities in lock-step with them. In April, when the Saudis and the Russians announced an agreement to cut production, oil prices bottomed and began to rebound. At the same time, it seemed that the coronavirus would not be as deadly as some had initially feared, giving oil futures…
Published by OilPrice.com at August 19, 2020 7:00 pm.OilPrice.com →
Elon Musk nearly tripled the $ 24.6 billion he owned in mid-March to accumulate $ 73 billion by August 13.
The entry The Oligarchic Dozen of the United States already has more money than the GDP of Belgium and Austria together was first published in La Voz de Michoacán.
Published by La Voz de Michoacán at August 19, 2020 6:49 pm.La Voz de Michoacán → English →
Morelia, Michoacán.- The government of Morelia maintains constant operations in the flea markets that are installed in different parts of the city, in order to supervise compliance with the sanitary measures aimed at reducing the contagion of Covid-19. This Wednesday, brigades traveled to the Independence and Revolution markets, as well as to the street markets that ...
Published by Cambio de Michoacán at August 19, 2020 6:41 pm.Cambio de Michoacán → English →
Mexico City.- Last July, the second month after the end of the National Sana Distancia Day to contain the spread of Covid-19, the loss of formal jobs was significantly reduced, with 3,907 layoffs registered, figure 95% lower than that observed in June, according to the report ...
Published by Cambio de Michoacán at August 19, 2020 6:25 pm.Cambio de Michoacán → English →
Moctezuma Barragán accepted the agreement proposed by the governor of Oaxaca, Alejandro Murat Hinojosa, so that teachers receive the salaries and benefits that correspond to them
Published by Diario de Querétaro at August 19, 2020 6:10 pm.Diario de Querétaro → English →
With gold prices breaking new records daily now and some analysts saying its heading directly for $2,500, it’s time again to pay close attention to the discovery world because buying it before it comes out of the ground is the most efficient way to make money on this precious metal. And there’s every reason to be bullish, and not just at the moment: Goldman Sachs has revised its 12-month forecast to $2300 per ounce--or a 20% gain.UBS has a $2,000 price target on gold for the end of September, while Deutsche Bank is…
Published by OilPrice.com at August 19, 2020 6:00 pm.OilPrice.com →
Morelia, Michoacán.- In an extraordinary session of the Plenary of the 74th Legislature, the glosses were approved in relation to the State Report kept by the State Public Administration, prepared by the Health and Social Assistance Commissions; Social development; Urban Development, Public Works and Housing, as well as Industry, Commerce and Services. Derived from the study and analysis of ...
Published by Cambio de Michoacán at August 19, 2020 5:56 pm.Cambio de Michoacán → English →
Leon, Gto. In order to reactivate the economy, this morning the municipal government announced the paving for 7 million pesos in the La Capilla industrial zone, which could be ready in 4 or 5 months. The Director of Public Works, Carlos Cortés Galván, stressed that there will be 240 meters of paving in the ...
Published by Zona Franca at August 19, 2020 5:52 pm.Zona Franca → English →
Russia is complying 100% with the OPEC+ production cut quota, according to Alexander Novak, who spoke to Rossiya-24 television on Wednesday, Russian news agency Tass reported. “We are at a high level. In July, we fulfilled 97% of our level. This is a high figure for us. We have attained 100% in August. As of today, we are fulfilling 100% of the obligations we assumed in August,” Novak claimed. Novak also claimed that the oil market is close to balancing itself. Meanwhile, Saudi Arabia’s energy minister Prince Abdulaziz said that…
Published by OilPrice.com at August 19, 2020 5:30 pm.OilPrice.com →
Luis Niño de Rivera pointed out that the ABM's concern is that there is lower income in borrowers, less dynamism in consumption and low levels of gross fixed investment
Published by Diario de Querétaro at August 19, 2020 4:35 pm.Diario de Querétaro → English →
Salvatierra, Guanajuato, on August 19, 2020. The tourist destinations of the state of Guanajuato captivated the gaze of Pe-Tra, Mexico City Travel Operator with more than 50 years serving tourism focused on business trips, pleasure, seminars, incentives and conventions. Juan José Álvarez Brunel, Secretary of Tourism of ...
Published by Boletines Dependencias at August 19, 2020 4:33 pm.Boletines Dependencias → English →
Morelia, Michoacán.- With an investment of 33 million 785 thousand 876 pesos in different actions of construction, rehabilitation and / or equipment for elementary and upper secondary schools, the Institute of Physical Educational Infrastructure of the State of Michoacán (IIFEEM) supports the municipality of Zinapécuaro. The deputy director of works and equipment of the IIFEEM, Cristóbal Torres Mendoza, ...
Published by Cambio de Michoacán at August 19, 2020 4:18 pm.Cambio de Michoacán → English →
Mexico City. By: Christian Allen.- Not everything is bad with the issue of Covid-19, despite the fact that the damage caused to the world is countless, especially the loss of life (which is what hurts us the most), the fall of the economy and a divided society ...
Published by CSC Noticias at August 19, 2020 4:05 pm.CSC Noticias → English →
2 million 726 thousand 448 pesos will be invested for this work and will be in charge of the company Semmco Construcciones
Published by Periódico AM at August 19, 2020 4:02 pm.Periódico AM → English →
This Monday López Obrador offered his conference in the company of Governor Francisco Domínguez, who refused to answer questions from the press regarding the video where his former private secretary is seen receiving cash, presumably they would be bribes from Odebrecht
Published by Infobae at August 19, 2020 3:57 pm.Infobae → English →