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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 [...]

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As in Mexico, Brazil’s oil sector development is closely linked to the country’s economic growth. President Calderón, speaking last week in Queretaro, raised the issue of Brazil, and how a turnaround in its oil industry regulation was one of the key events in the development of the country into the economic superpower it is today. [...]

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