energy policy

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
Mexico Competition Monitor Urges Against ‘Detrimental’ Changes to Hydrocarbons Law

Mexico Competition Monitor Urges Against ‘Detrimental’ Changes to Hydrocarbons Law

Mexico’s antitrust watchdog Comisión Federal de Competencia Económica (Cofece) has sent a letter to Mexico’s Congress decrying proposed changes to the nation’s Ley de Hidrocarburos, or Hydrocarbons Law. “We recommend the reform to the Hydrocarbons Law isn’t approved,” President Jana Palacios said on Twitter. She suggested the proposed changes would be damaging to competition in…

April 13, 2021
Pemex Seen as ‘Drag’ on Mexico Economic Recovery, though Manufacturing Poised for Strong Year

Pemex Seen as ‘Drag’ on Mexico Economic Recovery, though Manufacturing Poised for Strong Year

Mexican state oil company Petróleos Mexicanos (Pemex) could hinder the country’s economic recovery prospects if the government does not shift course, according to new analysis by Rice University’s Baker Institute for Public Policy. In an issue brief published Friday, authors Tony Payan and José Iván Rodríguez-Sanchez argued that four pillars sustain Mexico’s economy: manufacturing, remittances,…

April 12, 2021
Column: Mexico’s Natural Gas Market Showing its Strength Amid Threats to Investment

Column: Mexico’s Natural Gas Market Showing its Strength Amid Threats to Investment

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

April 9, 2021
Mexico Needs Fiscal Framework for Natural Gas Storage, Atlantic Council Energy Chairman Says (Part 2)

Mexico Needs Fiscal Framework for Natural Gas Storage, Atlantic Council Energy Chairman Says (Part 2)

Mexico needs to develop a fiscal framework for natural gas storage, Chairman David Goldwyn of the Atlantic Council Global Energy Center’s Energy Advisory Board told NGI’s Mexico Gas Price Index. “I think the first thing you need is a fiscal framework which compensates people for building and having storage. And so that means you’ve got…

April 1, 2021
Mexico Giving “Stay Away” Signal to Investors, Atlantic Council Energy Group Chairman Says (Part 1)

Mexico Giving “Stay Away” Signal to Investors, Atlantic Council Energy Group Chairman Says (Part 1)

“By pausing the renewable energy auctions and pausing the oil auctions, the president has basically given a ‘stay away’ signal to foreign investment in the energy sector,” David Goldwyn, Chairman of the Atlantic Council Global Energy Center’s Energy Advisory Board, told NGI’s Mexico Gas Price Index. Recent policy decisions have “really put into question Mexico’s…

March 26, 2021
Mexico Power Sector Rules Now Halted on Environmental, Competition Grounds

Mexico Power Sector Rules Now Halted on Environmental, Competition Grounds

Federal judges in Mexico have now suspended the implementation of controversial new legislation in the power sector on both economic and environmental grounds.  Greenpeace Mexico on Tuesday announced it had successfully lobbied for a judicial order suspending, on a provisional basis, implementation of the new rules that were passed by Mexico’s Senate on March 3.…

March 24, 2021
Column: On Oil Nationalism Day, Mexico’s Goal of Energy Self-Sufficiency Remains Elusive

Column: On Oil Nationalism Day, Mexico’s Goal of Energy Self-Sufficiency Remains Elusive

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

March 19, 2021
Mexico’s Pemex Said Falling Behind LatAm Peers on ESG, Natural Gas Development

Mexico’s Pemex Said Falling Behind LatAm Peers on ESG, Natural Gas Development

Mexico’s Petróleos Mexicanos (Pemex) is moving in the opposite direction of fellow Latin American national oil companies (NOCs) by failing to embrace the energy transition and natural gas, according to a panel of experts. While NOCs such as Colombia’s Ecopetrol SA and Brazil’s Petróleo Brasileiro SA (Petrobras) have embraced diversification and environmental, social and governance…

March 9, 2021
Upcoming Years Present ‘Once-in-a-Generation’ Opportunity for Mexico-U.S. Trade Relationship

Upcoming Years Present ‘Once-in-a-Generation’ Opportunity for Mexico-U.S. Trade Relationship

There has been considerable friction between Mexico’s government and U.S. investors in the energy sector recently, but conditions are in place for booming trade between the two nations according to a new analysis from Washington, DC think tank Center for Strategic and International Studies (CSIS). “The next four years present a once-in-a-generation opportunity for the…

March 8, 2021
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