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Constitutional reforms harder to halt; Optimistic view on Deer Park; Supreme Court accepts filing against Hydrocarbons Reform — HCM for 2021 07 19

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

Friday, July 16th, 2021

Talos prepares for Zama legal battle; AMLO electrical constitutional reform; Pemex retail gasoline market in 2021 — HCM for 2021 07 16

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

Thursday, July 15th, 2021

A risky future for AMLO’s energy vision; Gas Bienestar does have some support; Sad reality for Pemex petrochemical business — HCM for 2021 07 15

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.

Wednesday, July 14th, 2021

Energy sector through 2024; CRE suspends fuel operations at train terminal; Cofece: Gov inactive in combating LNG concentration– HCM for 2021 07 14

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

Tuesday, July 13th, 2021

Private firms lose hydrocarbons import/export options under new rules; Zama assignment does not violate USMC says USA; Pemex faces investigation into fire– HCM for 2021 07 13

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.

Tuesday, July 13th, 2021

State LPG to cause more distortions; Pemex spills grow under AMLO; CFE arbitration — HCM for 2021 07 12

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.

Friday, July 9th, 2021