Enrique Peña Nieto (ENP) ended his term as president of Mexico recently, leaving Energy Reform as his main achievement in the oil sector. The EPN government established very challenging goals that it could not fulfill.
New President, Andres Manuel Lopez Obrador (AMLO) has promised several things for the Mexican energy sector. However, he will have to overcome enormous challenges to fulfill his intentions in the next six years. Experts analyzed the viability of the AMLO promises.
The constant competition between Mexican and American gas stations has caused economic losses of up to 30% for Mexican gas stations on the border in Tamaulipas. The development of these and more stories in our periodic Retail summary.
Pemex is facing a difficult operational and financial situation in all its business areas, but refining has been one of the most affected. The National Refinery System (SNR) is working at very low efficiency rates.
Andres Manuel Lopez Obrador (AMLO) plans to build a new refinery in Mexico in the next three years, and this will have implications for Pemex. Arturo Herrera, AMLO’s undersecretary of finance, spoke about the implications of this project for the NOC.