Related Articles
Report
Forward article link
Share PDF with colleagues

Reform in Mexico gives regulators more power

Mexico’s newly empowered energy regulators will be critical to the success of the opening. They have their work cut out

The days when Pemex was so large and powerful it could pay little heed to its regulators are over. At the heart of Mexico’s energy reforms has been an effort to restructure the way its dysfunctional industry is governed, empowering independent regulators and confining Pemex’s role to running its own business.  The result has seen the emergence of a governing triad comprising a newly empowered independent oil regulator in the National Hydrocarbons Commission (CNH) as well as the Energy (Sener) and Finance (Hacienda) ministries. Each of the players has a crucial role to play in the roll out of Mexico’s energy reforms. Sener will be in charge of upstream policy, determining which areas to auc

Also in this section
Gazprom finds it hard to break with Ukraine
18 May 2018
An international court ruling over gas supply contracts has done little to resolve differences between Gazprom and Naftogaz
Uncertain days for Malaysia's oil industry
18 May 2018
The surprise victory of the opposition alliance in Malaysia could lead to a new relationship between the government and Petronas
ExxonMobil and Chevron go big in the Permian
16 May 2018
It is a new era for the supermajors and the west Texas shale basin as the companies plot aggressive growth plans