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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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Yesterday, it was announced that a recently attached provision to the energy reform (which was apparently necessary to get the PAN’s support) eliminated the participation of the Pemex union in the Pemex board of directors. The revelation caused a bit of a stir; Carlos Romero Deschamps, senator and current leader of said union, [...]

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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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It emerged last week that plans to invest USD 11bn in a refinery plant in Tula were removed from the Pemex 2014-2018 Business Plan, following fears that the level of investment could place the NOC under untenable pressure. The refinery, which was widely regarded as former President Calderón’s flagship project, requires the collaboration of the [...]

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