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“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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Pemex keeps looking for partners

Pemex under José Antonio González Anaya seeks to continue opening to the world and, for the first time in the state-oil company’s history, is looking to join forces with foreign partners to explore oil both deep water fields and onshore.

Tuesday, July 5th, 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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Pemex independents directors’ salaries

Being one of the five persons who advise Petróleos Mexicanos (Pemex) is a great benefit for their pockets. According to El Universal, during the past fifteen months, Pemex’s disbursed around MXN$ 14.4 million (Approx. US$ 791.1 thousand) to the Independent Directors for their services.

Friday, July 1st, 2016
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