energy policy

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 40th Q&A in the series is with Rajan Vig, founder of Indimex Group, a Mexico City-headquartered oil…

Mexico President Andrés Manuel López Obrador said during his Thursday morning press conference his government would continue to respect oil and gas laws and existing contracts in the country. He added, however, that if he were somehow unable to “rescue” national oil company Petróleos Mexicanos (Pemex) and state electricity firm Comisión Federal de Electricidad (CFE),…

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…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 38th Q&A in the series is with Duncan Wood, Director of the Wilson Center’s Mexico Institute and…

Mexico’s state-owned energy companies must shift their limited capital budgets from unprofitable business lines to segments that make money, according to a new diagnostic analysis by local think tank Instituto Mexicano para la Competitividad, aka IMCO. For national oil company Petróleos Mexicanos, that means re-thinking its strategy to bolster the refining segment and instead investing…

Mexico President Andrés Manuel López Obrador hailed what he called the “rescue” of state oil company Petróleos Mexicanos (Pemex) and state utility Comisión Federal de Electricidad (CFE) in his second state of the nation address on Tuesday. “With the backing of workers and technicians at Pemex and Comisión Federal de Electricidad we are rescuing these…

The oil and gas industry is bracing for a possible November victory by Joseph R. Biden Jr., who is leading in the polls and who officially accepted the Democratic nomination last Thursday from Wilmington, DE. President Trump was officially nominated for a second term on Monday as the Republican convention began.  Although energy policy has…

Mexico President Andrés Manuel López Obrador said during his morning press conference on Monday his government was planning to launch an infrastructure plan in the next two weeks. No details were provided, but immediately prior to the coronavirus shutdown a long-awaited public-private infrastructure plan including energy projects worth close to $100 billion was expected to…

Mexican business chamber Confederación Patronal de la República (Coparmex) has issued a statement warning that Mexican energy policy as outlined in a memorandum from President Andrés Manuel López Obrador to energy sector regulators is damaging to investor confidence at a time when the country desperately needs to jumpstart economic activity. Mexico’s gross domestic product (GDP)…