Usmca

Mexico Escalating ‘Discriminatory’ Actions Against U.S. Energy Companies, says API

Mexico Escalating ‘Discriminatory’ Actions Against U.S. Energy Companies, says API

The American Petroleum Institute (API) on Friday told the Biden administration that unfair treatment of U.S. energy companies by Mexico’s government is worsening and is likely in violation of the U.S.-Mexico-Canada-Agreement (USMCA).  In a letter to cabinet officials, API CEO Mike Sommers alleged an intensifying pattern of nationalist regulatory and legislative reforms under Mexico’s firebrand…

May 10, 2021
Mexico Taking Steps to Undo Energy Reform, Says Former CRE Commissioner

Mexico Taking Steps to Undo Energy Reform, Says Former CRE Commissioner

“The energy reform sought to create a sector that operated as a market with technical criteria and with long-term investor certainty, and that is being dismantled,” Guillermo Zúñiga, former Commissioner at the Energy Regulatory Commission (CRE) from 2013-2019, told NGI’s Mexico Gas Price Index.  Zúñiga, currently an international attorney at the Earthjustice environmental nonprofit based…

January 29, 2021
AMLO Mulling Rollback of ‘Neoliberal’ Energy Policies as U.S. Legislators Sound Alarm

AMLO Mulling Rollback of ‘Neoliberal’ Energy Policies as U.S. Legislators Sound Alarm

Mexico president Andrés Manuel López Obrador said Monday he is considering amending the constitution to rein in the “neoliberal” 2013-2014 constitutional energy reform of his predecessor, Enrique Peña Nieto. During his daily morning press briefing, López Obrador said a possible counter-reform would reaffirm the state’s predominance in the energy sector, and put a stop to…

October 26, 2020
Column:  All the Right Things Were Said, and Much was Omitted, on AMLO’s Trip to Washington

Column: All the Right Things Were Said, and Much was Omitted, on AMLO’s Trip to Washington

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…

July 17, 2020
USMCA Takes Effect, Guaranteeing Zero-Tariff Trade in North America for U.S. Energy Producers

USMCA Takes Effect, Guaranteeing Zero-Tariff Trade in North America for U.S. Energy Producers

Officials in Mexico, the United States and Canada celebrated the launch of the U.S.-Mexico-Canada Agreement (USMCA) on Wednesday, as the revamped North American Free Trade Agreement (NAFTA) treaty took effect after two years of negotiations.  “USMCA will support and grow North American energy security by maintaining zero-tariff trade for crude oil, gasoline, kerosene-type jet fuel…

July 2, 2020

U.S. Agrees to Lift Steel, Aluminum Tariffs on Canada, Mexico

The United States on Friday agreed to lift steel and aluminum tariffs imposed on North American trading partners Canada and Mexico, removing one major impediment to enacting the Trump administration’s proposed United States Mexico Canada Agreement (USMCA).

May 17, 2019

Trilateral Trade Agreement Signed, But Faces Uncertain Future

After months of negotiations, President Trump, Canadian Prime Minister Justin Trudeau and Mexico’s then-president, Enrique Peña Nieto, on Friday signed a new trilateral trade agreement on the sidelines of the G-20 summit in Buenos Aires, Argentina.

December 3, 2018

Trilateral Trade Deal Still Facing Uncertain Future for U.S., Canada and Mexico

After months of negotiations, President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto on Friday signed a new trilateral trade agreement on the sidelines of the G-20 summit in Buenos Aires, Argentina.

November 30, 2018
Steel Import Quotas Would ‘Cripple’ U.S. Oil, Gas Production, TIPRO Says

Steel Import Quotas Would ‘Cripple’ U.S. Oil, Gas Production, TIPRO Says

A plan purportedly under consideration by the Trump administration to replace tariffs on steel imported from Canada and Mexico with a quota system would “cripple expansion of U.S. oil and natural gas production because of supply restrictions,” according to the Texas Independent Producers and Royalty Owners (TIPRO).

November 27, 2018

Congress May Determine Fate of USMCA, Analysts Say

A new trade deal between the United States, Canada and Mexico is drawing support from the oil and gas industry, but overall it may have only a modest impact on the energy sector, according to analysts.

October 2, 2018
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