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Mexico’s energy reforms to open oil industry race ahead

President Enrique Peña Nieto signed the reform legislation on 11 August and has since outlined an ambitious path for the industry

Mexico's president Enrique Peña Nieto is wasting no time putting his historic energy reforms into action. Just days after signing the landmark reform legislation on 11 August, his government outlined an ambitious path for opening the oil industry that could see state-run Pemex sign its first contracts with international oil companies later this year and the first oil and gasfields auctioned in early 2015.   The first step for the government after enshrining the controversial reforms into law reforms was to define state-owned Pemex’s new-look portfolio. Through a process called Round 0, Pemex put forward a wish list of fields it wanted to retain, which it was largely granted by regulator

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