The National Institute of Transparency, Access to Information and Protection of Personal Data (INAI) explained why the Mexican Republic Oil Workers Union (STPRM) obtained the lowest score in transparency issues. These and other stories in our periodic summary of labor-related issues.
The Mexican President highlighted Mexico’s achievements in the oil, energy and gas sectors through Energy Reform, and highlighted the reform’s positive impact on the NAFTA renegotiation.
The Mexican government created the Energy Reform to boost the oil sector, and this has had great benefits in the short term. This time we will analyze the behavior of Foreign Direct Investment (FDI) into the Mexican oil industry.
The Energy Regulatory Commission (CRE) said that the effects of Hurricane Harvey will not permanently affect fuel prices.
The government announced that it wants to adjust the judicial system so that those involved in crimes like oil theft and illegal possession of weapons can be punished with jail time.
Mexico wants to boost the oil sector through Energy Reform, as this industry is facing great difficulties to meet local demand. Pedro Joaquín Coldwell, Secretary of Energy, spoke about the situation of the sector and the challenges to overcome.