An eventual constitutional reform would be much harder to halt; An optimist’s view of Pemex’s purchase of the Deer Park refinery; The Supreme Court has accepted a challenge to the Hydrocarbons Reform
Talos Energy has retained a legal firm in a sign it is gearing for a legal battle over the Zama field; AMLO seeks to change the constitution to hand over control of the electrical energy market to CFE; Pemex’s brand control of the gasoline retail market has dropped in 2021.
Talos Energy lawyers up over Zama dispute
AMLO’s focus on energy sovereignty over energy security is a risky path for the country, analysts say; Gas Bienestar is welcomed in some parts of Mexico even by other LNG distributors; Pemex’s petrochemical business has shrunk to half of its production in the last five years.
A detailed opinion on what is instore for Mexico’s energy sector through the end of AMLO’s term; the CRE suspends fuel transshipments at the IEnova train terminal; the Cofece commission says government could do more to counter LNG market concentration rather than launch a state run distributor
A number of industry associations warn that new rules vastly limiting options for importing and exporting hydrocarbons will affect the greater energy sector; A US commercial representative says the awarding of the Zama field to Pemex does not violate the USMCA treaty; Pemex has 180 days to file a report and faces an investigation into its offshore fire.
A state run LPG distributor will cause more market disruptions and increase costs for Pemex and Mexican public finances, analysts say; Under AMLO the number of Pemex oil spills have increased; A Texas gas supplier has filed for arbitration against the state utility CFE.