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During the last day of April 2014, which was coincidentally also the last day of the first ordinary legislative session of the year, President Enrique Peña Nieto submitted the packages of secondary laws of the energy reform. Legislators claimed to not have any sort of opinion or analysis ready in support or in opposition to [...]

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Rejuvenating Pemex E&P

On February 17, 2014 By

During Friday’s morning (February, 7th), news broke of Carlos Morales Gil stepping down as Director General of Pemex E&P for “personal reasons”. This comes at a moment of change for the Mexican NOC, just between the approval of the Energy Reform and the deadline for Congress to delineate the scope of the secondary laws that [...]

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Last Wednesday, amidst the rumors about a new deepwater oil discovery, Pemex came out with an official announcement through the media: the ‘Exploratus-1′ well has struck oil – light crude, to be specific. After several reports leaked information on the oil discovery during Monday and Tuesday, Carlos Morales Gil, Director General at Pemex E&P came [...]

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Five Facts about Lukoil

On January 29, 2014 By

Last week, at the 2014 World Economic Forum Annual Meeting in Davos, Switzerland, Mexican President Enrique Peña Nieto and certain key members of his cabinet were kept busy by a series of treaties and cooperation agreements that Mexico signed with various states and companies. In total, Mexico managed to lock down over US$7.3 [...]

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2013 will no doubt be remembered as a decisive year for the Mexican oil and gas industry. Although there are obvious reasons why this statement rings true (Energy Reform being chief among them), perhaps it is important to briefly go over certain overlooked industry developments from 2013. It is possible that we then [...]

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The necessary number of local congresses has ratified the energy reform only a little over three days after being approved in the Lower House. This unusual demonstration of consistent legislative expediency from the part of Mexican representatives all over the country is sure to inform the suspicions of many members of the opposition [...]

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