Mexican authorities expects that the Energy Reform generate substantial modifications in the hydrocarbons sector. It would help the sector to grow and face the current difficult economic situation. But not only people involve in the Energy Sector could take advantage of this changes.
Last week we wrote about the International Cooperation Agreement between Mexico and France that took place in Merida (Yucatán). Now it is time to talk about the relations between Mexico, Norway and Italy.
The Organization for Economic Co-operation and Development (OECD), believes that Mexico has a solid macroeconomic framework to address “very troubled waters” in the current economic situation.
The National Action Party (PAN) has reported in recent days that the outgoing governors in Chihuahua, Quintana Roo and Veracruz are preparing “impunity packages” to avoid investigations by new governments.
According to the Mexican Institute for Competitiveness (IMCO), some state legislatures are more expensive than parliaments in developing countries, such as France, Japan, among others.
We are learning from Hydrocarbons Mexico that when one company, especially the NOC, dominates completely the industry, the news is all about them. In the light of Rubiales reversion to ECP last Friday, this week’s rant will be about increasing NOC-dominance and what it means for the industry.
With Energy Reform, many changes in Mexico’s oil sector are expected. As we mentioned a few days ago, one of the first changes was the inclusion of a foreign private company (Renaissance Oil Corp.) in hydrocarbons extraction in the country, after 78 years of a Pemex monopoly.