Andrés Manuel López Obrador (AMLO) began his term as president of Mexico in December 2018, and some of his decisions have affected the development of several energy projects in different regions of the country. Local authorities spoke about this situation.
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.
The serious financial and operational situation of Pemex has generated multiple discussions in Mexican political sectors. The new President’s Morena party made a proposal about Pemex CEO and the Board of Directors.
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.