Mexico is looking for alternatives to encourage the exploration and production of natural gas and oil to increase its reserves and production in the medium and long term. Mexican authorities proposed creating a new State-Owned Enterprise.
The future of natural gas has been one of the main topics of discussion in Mexico during the last weeks. Angel Larraga, President of the Mexican Energy Association, spoke about this fuel, its benefits and relevance for power generation in Mexico.
Sergio López, head of the Commission of Economic Competition’s (Cofece) investigative unit, spoke about the alleged irregularities that the entity detected in the retail market. The development of these and more stories in our periodic Retail summary.
The Energy Regulatory Commission (CRE) reported the average prices of gasoline in Mexico during August. The upward trend continues, and this behavior may not change in coming months, affecting consumers’ pocketbooks, but the ‘Movimiento Ciudadano’ (MC) party announced a bill to reduce the fuel prices.
The Potosino Institute for Scientific and Technological Research (IPICYT) organized the first National Congress of Bio-Jet fuel with interesting proposals for this sector. In addition, the jet fuel industry is still discussing prices and market conditions.
According to authorities, the liberalization of the fuel market brought with it competitive advantages for companies, improvements in regulations, and better employment conditions for Mexicans. The development of these and more stories in our periodic Retail summary.
The Energy Regulatory Commission (CRE) is now reporting propane prices in the country. These increased substantially last year, causing much dissatisfaction and other economic consequences. This metric showed a decreased during the first months of this year, but this behavior ended in recent months.