
The measure de-privatizes two large Mexican companies, one dedicated to the extraction and commercialization of oil, and the other dedicated to providing electricity and internet to Mexicans.

The mobilization on the anniversary of the nationalization of the oil industry was also in support of the AMLO government and its decision to nationalize the country’s lithium

Three oil storage tanks at the Matanzas Supertanker Base have collapsed after a fire broke out at the site on August 5. Thousands have been evacuated as emergency efforts continue with critical on-ground help from Mexico and Venezuela.

Alongside efforts to reclaim control over Mexico’s natural resources, the Andrés Manuel López Obrador government is also planning to recapture control over its Central Bank