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Gasoline Price liberalization begins in February

Mexican authorities have talked a lot about the gasoline price liberalization. They planned to begin it in 2018. The government advanced the program to start the liberalization next year. The process will be by regions and begins in February.

Tuesday, November 15th, 2016

Mexican peso dropped as Trump became US President

Mexican peso fell by more than 13% after Trump’s victory in the US elections.

Thursday, November 10th, 2016

Fuel prices will increase, says Citibanamex

Mexican authorities has said that liberalization of fuels market will help to reduce prices in Mexico. It would beneficiate the final consumer, they highlighted. However, Citibanamex believes the opposite.

Tuesday, November 8th, 2016

Mexico faces a new Energy Reform

Jesús Padilla Zenteno, President of Coparmex in Mexico City, said Mexico’s Energy Reform is hurting the productive and social sectors.

Friday, November 4th, 2016

Mexican economy affected by the fall in oil prices and production

The main domestic risks faced by the Mexican economy in terms of growth and stability are the fall in oil production and the lack of a strong fiscal adjustment, because the difference between income and expenses is large, warned Bank Of America.

Friday, November 4th, 2016

A New Natural Gas market in Mexico

The Federal Government has launched an infrastructure plan to import and transport the natural gas in Mexico. The authorities believe it would help to make a gas market based on free competition, according to a report in Expansión.

Thursday, October 27th, 2016

Gasoline brands in Mexico

The gasoline market has been opening gradually to competition. The sector expects that the Government authorizes a free completion next year.

Wednesday, October 26th, 2016

Sener grants permits to import gasoline

The Secretariat of Energy (SENER) granted 442 permits to public and private companies to import fuels. With this permits, the firms will import 406B liters of gasoline.

Friday, October 14th, 2016

Liberalization of gasoline prices in hands of Congress

The speed and rhythm of gasoline market opening depends on the Congress and not of the Federal Competition Commission (Cofede) assured Alejandra Palacios, President of Cofede.

Wednesday, October 12th, 2016

Magna production plummets

Magna production has had a steady decline during 2016. According to Pemex data, it was produced 279mmbpd of magna gasoline in August, which means a 20% fall compared to the same period last year. Magna gasoline is the most consumed fuel in Mexico.

Monday, October 10th, 2016