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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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The necessary number of local congresses has ratified the energy reform only a little over three days after being approved in the Lower House. This unusual demonstration of consistent legislative expediency from the part of Mexican representatives all over the country is sure to inform the suspicions of many members of the opposition [...]

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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 [...]

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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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The proposals for reform hold great potential in terms of helping Mexico establish Pemex as a global leader in the oil and gas industry. However, the constitutional changes will not spell out exactly how foreign oil and gas investment in Mexico will proceed. The Proposal drafted by the current administration refers to ‘profit sharing’ agreements [...]

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Responding to what is now a mounting and deafening public argument between politicians, economists, analysts, columnists and activists, Mexican president Enrique Peña Nieto announced on twitter he was postponing his official unveiling of the PRI’s proposal for energy reform until next week. One could argue, however, that this unveiling is merely a political gesture, since [...]

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