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Regulations & Policy

“Impunity packages” for PRI politicians

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.

Wednesday, July 6th, 2016
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Banco of Mexico increases interest rate

Last Thursday the Bank of Mexico (Banxico) announced a new rise in interest rates, which now stand at 4.25%, increasing half a percentage point.

Wednesday, July 6th, 2016
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Mexican deputies are among most expensive in the world

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.

Tuesday, July 5th, 2016
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Dominance and newsworthiness

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.

Monday, July 4th, 2016
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Brexit’s consequences for Mexico

After UK voted to leave the European Union, there were global implications and Mexico has not been immune to this decision.

Tuesday, June 28th, 2016
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Mexico’s energy sector continues opening to the world

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.

Monday, June 27th, 2016
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National President of Morena demands Peña Nieto´s resignation

Andres Manuel López Obrador, National President of Morena (a political movement), led the mobilization in favor of the National Coordination of Education (CNTE) protests, last Saturday in Mexico City.

Monday, June 27th, 2016
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Mexico will not be heaven

After a week in Mexico City and another week at the Global Petroleum Show in Calgary, Mexico’s ‘belle of the ball’ status is clear. But the government’s strong desire to see increased production through foreign investment does not mean social, or indeed environmental, conditions will be any easier.

Monday, June 20th, 2016
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Mexican Oil Congress 2016

According to El Financiero, Pedro Joaquín Coldwell, head of SENER, inaugurated the Mexican Oil Congress (CMP) 2016, which takes place in Cintermex Monterrey, Nuevo León, highlighting the Energy Reform role, whose main achievement has been Pemex´s modernization.

Friday, June 10th, 2016
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SENER emits guidelines and model contracts

As part of the Energy Reform, the Secretary of Energy (SENER) issued guidelines and model contracts for the use, involvement or, where appropriate, acquisition of land, assets or rights for the exploration and extraction oil and transportation through pipelines.

Wednesday, June 8th, 2016
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