Fondo Mexicano del Petróleo (Translation: Mexican Petroleum Fund): An independent organism in charge of receiving & administrating all payments, profit and capital generated by the public segment of the Mexican oil & gas industry that does not correspond to the Mexican government through taxes. This money can then be invested in a transparent and focused [...]Continue Reading →
It was in the midst of shouting matches, barricades and stripping politicians that the long-awaited Mexican Energy Reform passed the Lower House (in an alternate auditorium after access to the main house floor was blocked by members of the PRD opposition) Thursday morning. This came after yet another 20-hour legislative session in what [...]Continue Reading →
For further reading on the subject of yesterday’s post, you can check out this article on Romero Deschamps’ reaction to his exclusion from the Pemex Board of Directors in El Occidental, or this comparison between “La Quina” and Deschamps put together by ADN Político.
Energy reform has passed in the Mexican [...]Continue Reading →
Continue Reading →
Earlier this week, the Heavy Oil Latin America Conference and Exhibition (HOLA) was held at the International Convention Center in the coastal city of Puerto Vallarta, located in the Mexican state of Jalisco. The event took place over three days of commercial and technological conferences that were given quite a [...]
Heavy oil represents an indispensable part of Mexico’s energy future. It also represents a series of incredibly complex challenges for national and international companies in the industry; challenges both technological and commercial in nature. This does not apply exclusively to Mexico; in fact, heavy oil now represents a decisive segment of [...]Continue Reading →
Shale gas is not yet the most divisive and polemic aspect of the coming energy reform (that dubious title would belong to the constitutional amendments). However, it is not far-fetched to say that shale gas might become one of the most controversial topics surrounding not only the energy reform, but Mexico’s energy future [...]Continue Reading →