Enrique Peña Nieto (EPN), former President of Mexico, promoted Energy Reform with the promise of reactivating oil production in a short time. His government made three Rounds signing several contracts, but few agreements have given results so far.
Proposals and plans of Andres Manuel Lopez Obrador (AMLO), president of Mexico, have generated uncertainty in the oil sector. However, some oil companies have shown their confidence in the country, despite this situation. Josu Jon Imaz, Executive Director of Repsol (MSE: REP), spoke about the company’s perspectives for Mexico.
Andres Manuel Lopez Obrador (AMLO) has shown his dissatisfaction with the results of foreign investment in the oil sector. However, a large part of the committed investment will be developed during his term as president.
Andres Manuel Lopez Obrador (AMLO) wants to reactivate the metrics of the refining sector quickly, awakening the interest of several investors and companies. Oscar Scolari Romero, CEO of Rengen, spoke about the firm’s plans in this sector.