energy policy

Pemex Intervention Could Harm Mexico LPG Market, Experts Warn

Pemex Intervention Could Harm Mexico LPG Market, Experts Warn

Plans for Mexico’s state oil company Petróleos Mexicanos (Pemex) to enter the retail liquefied petroleum gas (LPG) business bode poorly for competition, consumers and the company itself, according to local energy sector stakeholders. President Andrés Manuel López Obrador announced last week that Pemex would launch a subsidiary called “Gas Bienestar” or “Gas Wellbeing” within three…

July 14, 2021
Natural Gas said Vital to Shrinking Mexico’s North-South Development Gap

Natural Gas said Vital to Shrinking Mexico’s North-South Development Gap

Natural gas could help determine whether Mexico can shrink the economic gap between its industrialized north and developing south, according to a new report published by Rice University’s Baker Institute for Public Policy. Through his Program for the Development of the Isthmus of Tehuantepec (PDIT), President Andrés Manuel López Obrador is aiming to succeed where…

June 16, 2021
More Balanced Congress a Positive for Mexico Energy Sector, Expert Says

More Balanced Congress a Positive for Mexico Energy Sector, Expert Says

“The Mexican Congress now has a more balanced representation, which is an excellent opportunity for negotiation and to have a moderated agenda,” Casiopea Ramírez Melgar, partner at Fresh Energy Consulting and seasoned expert in the Mexican energy sector, told NGI’s Mexico Gas Price Index. “This scenario may provide a more optimistic panorama, especially in terms of…

June 11, 2021
AMLO Energy Agenda Faces Test in Midterm Elections

AMLO Energy Agenda Faces Test in Midterm Elections

Mexico president Andrés Manuel López Obrador’s nationalist energy agenda will face perhaps its biggest test yet on Sunday (June 6) when Mexicans head to the polls for midterm elections. Analysts suggest the results could determine whether the president’s Morena party and its allies have the majorities needed at the national and state levels to advance…

June 2, 2021
Rules of Game for Mexico Energy Industry at Stake in Upcoming Elections, Specialist Says

Rules of Game for Mexico Energy Industry at Stake in Upcoming Elections, Specialist Says

“For the private and public energy sector, these elections could define the rules of the game for the remainder of the administration,” Layla Vargas, general director at Muvoil Consulting and seasoned expert in the Mexican energy sector, told NGI’s Mexico Gas Price Index. Mexico will hold local, legislative and state elections on June 6.  “Currently, we…

May 28, 2021
Mexico’s Pemex Snaps Up Ownership of Texas Refinery in Quest for Energy Self-Sufficiency

Mexico’s Pemex Snaps Up Ownership of Texas Refinery in Quest for Energy Self-Sufficiency

Mexico’s state oil company Petróleos Mexicanos (Pemex) will add more refining capacity to its portfolio with the deal announced Monday to purchase Royal Dutch Shell plc’s share in the partnership that owns the Deer Park refinery on the Texas coast. The $596 million transaction was celebrated by Mexican officials as yet another step on the…

May 25, 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
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