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Constitutional Reform Unlikely in 2022, but Mexico Energy Sector Risk Still High, Analysts Say

Constitutional Reform Unlikely in 2022, but Mexico Energy Sector Risk Still High, Analysts Say

For this upcoming year, Mexico President Andrés Manuel López Obrador’s proposed constitutional energy reform – whether it gets enough votes to pass or not – will set the tone of his political agenda, according to analysts and experts in the field.

January 10, 2022
Mexico Electric Power Counter Reform Vote Seen Dragging into 2022

Mexico Electric Power Counter Reform Vote Seen Dragging into 2022

Mexico President Andrés Manuel López Obrador has high hopes of changing the rules of the game in the electric power sector, but his proposal likely won’t be voted on in Congress until early next year as the reform is studied by legislators. The reform, if passed, would modify the constitution to eliminate upstream oil and…

October 19, 2021
Uncertainty Stalling Mexico Energy Sector Investment, Says Balam Energy CEO

Uncertainty Stalling Mexico Energy Sector Investment, Says Balam Energy CEO

“There is a stoppage of energy investment in Mexico currently, where the attitude of investors is to wait before expanding existing projects or developing new ones,” Balam Energy CEO Carlos Tapia told NGI’s Mexico Gas Price Index.  Tapia, who opened the consultancy Balam Energy in 2019, has more than 20 years of experience working on…

May 14, 2021
With ‘Unobstructed Rule’ on the Line, Mexican Midterm Outlook Said Still Unclear

With ‘Unobstructed Rule’ on the Line, Mexican Midterm Outlook Said Still Unclear

With less than four weeks to go before Mexico’s potentially transformative midterm elections, pollsters are still trying to get a clear picture of what to expect. According to the director of public polling at Mexican daily El Financiero, Alejandro Moreno, Mexico remains in a period of “volatility and uncertainty” and a lot can still change…

May 11, 2021
With Elections Near, Mexico Fuel Bill Seeks to Tighten State Control Over Energy Permitting

With Elections Near, Mexico Fuel Bill Seeks to Tighten State Control Over Energy Permitting

Mexico President Andrés Manuel López Obrador last Friday sent a bill to congress to amend the Hydrocarbons Law and grant the state greater control over granting and revoking permits in the oil, gas and petrochemicals business. López Obrador on Monday said the bill was designed to “remove the sharpest edges” of the 2013-2014 energy reform…

March 31, 2021
Cabinet Changes in Mexico Bring Hope for Improving Investment Conditions

Cabinet Changes in Mexico Bring Hope for Improving Investment Conditions

President Andrés Manuel López Obrador of Mexico reshuffled his cabinet early in December in what several analysts consider a move that will improve relations with the private sector and potential foreign investors. The new officials, the analysts suggested, are likely also to work more closely with their U.S. counterparts in the upcoming administration of President…

December 16, 2020
AMLO Denies Iberdrola Natural Gas Plant Cancellation as Tension with Private Sector Mounts

AMLO Denies Iberdrola Natural Gas Plant Cancellation as Tension with Private Sector Mounts

Mexico President Andrés Manuel López Obrador denied Thursday that Spain’s Iberdrola SA is pulling out of its planned $1.2 billion natural gas-fired combined-cycle plant in the port city of Tuxpan. “There is no official information. It’s a journalistic story,” López Obrador said during his daily press conference.  On Wednesday, Tuxpan Mayor Juan Antonio Aguilar, told…

June 25, 2020
NGI 2020: AMLO’s Tumultuous First Year in Office Creates New Energy Environment in Mexico — Bonus Coverage

NGI 2020: AMLO’s Tumultuous First Year in Office Creates New Energy Environment in Mexico — Bonus Coverage

Editor’s Note: This is one in a series of pieces NGI is undertaking as the energy industry readies for the new year. With Lower 48 natural gas and oil supply continuing to surge in an uncertain environment as liquefied natural gas exports ramp up, Mexico markets remain shrouded and stakeholders demand more value.

December 9, 2019
Mexico’s President Suspends Oil, Gas Rounds for Three Years

Mexico’s President Suspends Oil, Gas Rounds for Three Years

Mexican President Andrés Manuel López Obrador, who took office Dec. 1, had a tumultuous first week in office, with one announcement that could potentially disrupt expansion in the energy sector.

December 11, 2018
Mexico President-Elect’s New Refinery Ballot Initiative Passes

Mexico President-Elect’s New Refinery Ballot Initiative Passes

Mexico’s incoming government plans to build an oil refinery in the city of Dos Bocas, Tabasco state, following a public vote on the project last weekend.

November 28, 2018
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