Mexico’s President Andrés Manuel López Obrador—who criticizes his predecessor’s energy reforms— said on Thursday that the natural gas pipeline contracts that the previous administration had signed were ‘abusive’ and ‘unfair’ to the Mexican state, raising additional concerns whether the new administration will respect previously signed energy deals. Six months into office, the populist left-wing President López Obrador blasted earlier this month the energy reform as “a failure” and vowed not to call new bidding rounds for foreign oil companies for oil exploration and production in Mexico unless those companies show results, because currently they are not investing and not producing. Earlier this week, Mexico’s state utility CFE sought arbitration in a dispute over a natural gas pipeline that TC Energy, formerly TransCanada, and Mexican company IEnova, a unit of U.S. Sempra Energy, are building from Texas to Tuxpan on the Mexican Gulf coast. The companies announced earlier this month […]