75 years ago, when President Cardenas announced his intentions regarding oil expropriation, a big nationalist wave overcame the Mexican population; earning him and his government strong support. On March 18, 1938, the oil expropriation was decreed; the government seized the resources from 17 foreign companies. With this, a process of capacitation and training of technicians [...]Continue Reading →
Now that Enrique Peña Nieto has been confirmed as the next Mexican President elect, it seems like a good moment to revisit the question of energy reform, based on conversations conducted with key players in the oil and gas industry over the last few weeks, and see what this means for the upstream sector in [...]Continue Reading →
In a speech to his party on Tuesday, Cuauhtémoc Cárdenas, the founder of the PRD, called for constitutional reform in order to turn Pemex into “a true state enterprise, with full autonomy of its management and budget.” He argued that constitutional reform was a necessary step in achieving this, stating that two [...]Continue Reading →
Some things about Mexico’s 2012 presidential election are strangely reminiscent of the same time back in 2006: an intensive questioning of the transparency of the electoral process and a familiar chant: “Vote by vote, voting booth by voting booth!”
On Sunday, exit polls and preliminary results from the Federal Electoral Institute positioned Enrique Peña Nieto [...]Continue Reading →
A pesar de que los resultados de las elecciones presidenciales todavía no son oficiales, diferentes plataformas noticieras alrededor del mundo están anunciando la anticipada victoria de Enrique Peña Nieto trás los resultados parciales del domingo.
Desde Estados Unidos, The New York Times reportó el hecho de que parece ser probable que el PRI regrese al [...]Continue Reading →