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Mexico says US energy secretary to visit, power market concerns eyed

MEXICO CITY (Reuters) - U.S. Energy Secretary Jennifer Granholm will travel to Mexico this week for talks, with the government's planned overhaul of the Mexican electricity market...
Mexico says US energy secretary to visit, power market concerns eyed © Reuters. FILE PHOTO: Secretary of Energy Jennifer Granholm takes questions during a media briefing at the White House in Washington, U.S., November 23, 2021. REUTERS/Evelyn Hockstein

MEXICO CITY (Reuters) - U.S. Energy Secretary Jennifer Granholm will travel to Mexico this week for talks, with the government's planned overhaul of the Mexican electricity market potentially on the agenda, President Andres Manuel Lopez Obrador said on Monday.

The United States has voiced concerns about an initiative championed by Lopez Obrador which aims to strengthen state control of the power market at the expense of private companies.

Lopez Obrador said no topic will be off the table, and highlighted possible talks on his proposed power industry changes during the visit in which Granholm will meet him as well as the Mexican foreign and energy ministers.

The leftist nationalist leader said he would be happy "to inform about the reforms if necessary, or if she wants to know my opinion, I will be happy to give it to her."

The initiative due to be debated in Mexico's Congress in coming weeks has alarmed private investors, and the U.S. ambassador has said Washington had "serious concerns" about it.

Lopez Obrador argues that previous Mexican governments rigged the energy sector in favor of private capital to the detriment of consumers and Mexico's state-run energy companies.

The Mexican president said he would also thank Granholm for the United States approving the takeover of Royal Dutch Shell (LON:RDSa)'s Texas-based Deer Park refinery by Mexican state oil company (Petroleos Mexicanos) Pemex.

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31-03-2024 10:19:50 (UTC+7)

EUR/USD

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
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SJC Eximbank7,910/ 8,080
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Cập nhật 31-03-2024 10:19:52
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Cập nhật lúc 10:12:31 31/03/2024
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