The Energy Regulatory Commission (CRE) reported the average prices of gasoline in Mexico during September. The upward trend continues, and this behavior may not change in coming months, affecting consumers’ pocketbooks, but some political parties are working to change this situation.
Representatives of Mexico’s Energy Secretariat (Sener), the Federal Electricity Confederation (CFE) and Pemex went to the Chamber of Deputies to talk about the good (and no so good) moves that took place during Peña Nieto’s Administration.
The lack of infrastructure was one of the main challenges to overcome with the approval of Energy Reform some years ago. The country has made progress in this area, achieving important interconnection projects with the United States.
Héctor Moreira, commissioner of the National Hydrocarbons Commission (CNH), sent a clear message to AMLO’s government regarding Mexico’s unconventional fields.
Victoria Tauli Corpuz, special representative of the United Nations Organization (UN), spoke about the importance of prior consultation and other critical issues to improve relations with indigenous communities.
The arrival of new players to Mexico’s liberalized retail market has boosted healthy competition and Pemex is ready to show its cards to keep the competition going. The development of these and more stories in our periodic Retail summary.
Pemex announced the discovery of new oil deposits on the coasts of Tabasco recently. The refining sector could be one of the main beneficiaries of this news.