Mexico's President, Claudia Sheinbaum, announced a new petroleum advisory commission chaired by Cuauhtémoc Cárdenas, the 91-year-old son of the president who nationalized Mexico's oil industry in 1938. The new strategy focuses on reducing natural gas imports and expanding renewable sources. Domestic production is the next strategic priority, with Pemex reporting a 13% debt reduction in one year and now refining 1.3 million barrels per day. Despite this, production has fallen to its lowest level since 1980. The commission will review national and international trends in hydrocarbons and issue recommendations on the company's direction. The government's total financial obligations exceed $100 billion, making it the world's most indebted energy firm.