Mexico keeps depending on US exports and so again, we analyze the gap between natural gas figures by the Secretariat of Energy (Sener) and the Energy Information Administration (EIA). As usually, both entities are showing different path.
One of the main proposals of the president-elect, Andres Manuel Lopez Obrador (AMLO), is to review the oil contracts signed in recent years. The National Hydrocarbons Commission (CNH) has spoken about this possibility.
To absolutely no one’s surprise, Andrés Manuel López Obrador (AMLO) won yesterday’s Mexican Presidential elections decisively. The other candidates conceded even before the count started, based on exit polls. He gave two victory speeches last night, one to the press and one to his supporters. We stayed up and watched them both and have a brief summary of the key messages.
The Mexican government wants to recover the oil exploration and production metrics in the country and authorities recognize that research and innovation is key to achieving good results. The government is creating several research centers around the country.
Andres Manuel Lopez Obrador (AMLO) is leading the presidential polls and some of his proposals against private investment have generated concerns, especially in the oil sector. Alfonso Romo, AMLO’s top business adviser, said that the candidate is more open in this issue, but with some conditions.
The presidential elections have generated much controversy and concerns among investors due to the positions of some candidates. The consulting firm EY spoke about the uncertainties at present and their effect on investments in the country.