Since the new Energy Reform has been set on the table as a priority of Peña Nieto’s presidential term, Pemex’s restructure discussion is part of every debate. There are as many opinions about what has to be done, as there are people talking about it. However, there are two general views. The first one is [...]Continue Reading →
Over the weekend, the Institutional Revolutionary Party’s (PRI) national assembly gave President Enrique Peña Nieto the go-ahead to proceed with a new energy reform. The president has presented a powerful reform agenda to foster Mexico´s growth rate.
During Felipe Calderon´s administration, a similar attempt to make reforms to the laws governing the energy sector [...]Continue Reading →
On Thursday last week, a panel was held at the Instituto Tecnologico Autónomo de México (ITAM) to introduce a new report on the Mexican oil and gas industry, titled “A New Beginning for Mexican Oil: Principles and Recommendations for a Reform in Mexico’s National Interest”. The report was produced after a series of [...]Continue Reading →
One of the biggest conundrums that the Mexican oil industry poses for the expert analysts that follow it closely is the obligation that Pemex has to operate by itself. This has always presented an added challenge to all of the already existing technical and red tape obstacles that the company has to overcome on a [...]Continue Reading →
Twenty-one years ago, a new Pemex Law was approved, which included the first step towards Pemex modernization: the law determined the creation of a corporate governance structure, and four subsidiaries – Pemex Exploration and Production, Pemex Refining, Pemex Gas and Basic Petrochemicals, and Pemex Petrochemicals. Last Wednesday, the new members of Pemex’s Board decided to [...]Continue Reading →