Mexico’s Sheinbaum Vows to Support Pemex, Green Energy

  • Presidential candidate echoes AMLO’s support for Pemex
  • Both Pemex and CFE to remain public companies under her plan

Claudia Sheinbaum, former mayor of Mexico City and presidential candidate for the Morena party, speaks during a campaign launch event in Mexico City, Mexico, on Friday, March 1, 2024. 

Photographer: Victoria Razo/Bloomberg
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Mexico’s leading presidential candidate Claudia Sheinbaum vowed to keep up support for state-owned Petroleos Mexicanos, even while pushing toward renewable energy.

Sheinbaum on Monday laid out a plan to increase Mexico’s renewable energy capacity, striking a contrast with President Andres Manuel Lopez Obrador, who said the green transition remains distant. Both spoke during events to mark the 86th anniversary of Mexico’s oil expropriation.