Just how important a year is 2014 for the Mexican oil and gas industry?
Perhaps a clue can be found in the official memo filed with the Mexican Stock Exchange meant to summarize the monumental changes that are about to reshape the industry:
Decree that amends and [...]Continue Reading →
The case of contractor Oceanografía has been years in the making; although most of what is being reported now concerns its most recent actions, general knowledge of its practices stretch back to the administration of President Vicente Fox. Although Oceanografía is now literally scrambling in its attempt to run from the [...]Continue Reading →
Although the initial legislative process involved in passing the Energy Reform might have concluded, the political struggle inherent to the debate that surrounds this historic reform is far from being over or even slightly decreasing its volume (or its pitch, for that matter). Now that Pemex is about to become [...]Continue Reading →
The following is a translation of an interview given by Pemex CEO Emilio Lozoya Austin to the newspaper Reforma, published today in the “Negocios” section under the byline of journalist Alexandra López.
What is next in the short term for Pemex?
In the very short term, the first thing we will see is the internal [...]Continue Reading →
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 [...]Continue Reading →
For further reading on the subject of yesterday’s post, you can check out this article on Romero Deschamps’ reaction to his exclusion from the Pemex Board of Directors in El Occidental, or this comparison between “La Quina” and Deschamps put together by ADN Político.
Energy reform has passed in the Mexican [...]Continue Reading →