Related Articles
Forward article link
Share PDF with colleagues

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

Also in this section
Venezuela going for broke
16 January 2018
The Maduro government wants a new deal on its debt. Things are going to get messy
Iraqi Kurdistan sinking fast
11 January 2018
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
Iraqi Kurdistan's wrong turn
11 January 2018
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad