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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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After four months of debate, negotiation and controversy following the official announcement of the executive energy reform proposal back in early August, it appears that a workable agreement has been reached between the two dominating parties in Mexico’s legislative chambers (the center-right ruling party Partido Revolucionario Institucional, or PRI, and the right-leaning Partido [...]

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Over a week ago, the state of Michoacán was subjected to several attacks on Pemex and CFE installations; a total of 24 gas stations and electrical installations in towns like Uruapan, Zamora and Apatzingán were targeted with Molotov cocktails and gunfire. No one was hurt, but 420,00 energy consumers were affected; the attacks [...]

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Many actors in the energy industry have aired their views about the reform since President Enrique Peña Nieto announced his proposal on it last Monday. While many explanations are still pending on the specifics for the reform to succeed, the main outline already looks promising as a step in the right direction. One of the [...]

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After delaying the announcement for a week, President Peña Nieto finally unveiled his energy reform proposal at 11:00am on August 12th, 2013. In a ceremonial act that took place at Los Pinos, the current administration gave a general outline on what the energy reform document submitted [...]

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