Vicente

Mexican President Vicente Fox, elected last year on a promise to improve the country’s economic future, has begun actively courting “out-of-towners” in the hopes of encouraging capital investments in his country. With several productive global trade missions completed, Fox now is turning his attention further north, courting Canadian oil and gas producers in his plan to develop Mexico’s untapped oil and gas reserves.

Mexican President Vicente Fox said that he will push strongly to allow private investment in the country’s state-run electricity commission because without it, the country will have to practically beg for help from the United States to meet its energy needs. He insisted, however, at an economic summit in central Mexico last week that there are no plans to privatize the country’s state-run electricity commission or its state-run oil company.

Mexican President Vicente Fox said last weekend that he willpush strongly to allow private investment in the country’sstate-run electricity commission because without it, the countrywill have to practically beg for help from the United States tomeet its energy needs. He insisted, however, that there are noplans to privatize the country’s state-run electricity commissionor its state-run oil company.

Mexico’s Comision Reguladora de Energia has a new chairman, after President Vicente Fox appointed Dionisio Perez-Jacome Friscione to a five-year term. Perez-Jacome had headed the Energy Ministry’s Investment Promotion Unit and had also served in the ministry as executive director for Public Non-basic Petrochemical Companies.

Mexico’s Comision Reguladora de Energia has a new chairman thisweek, after President Vicente Fox appointed Dionisio P‚rez-JcomeFriscione to a five-year term. P‚rez-Jcome had headed the EnergyMinistry’s Investment Promotion Unit and had also served in theministry as executive director for Public Non-basic PetrochemicalCompanies.

In an indication that Mexico may be headed toward privatizing its monopoly-run energy industry, Mexican President-elect Vicente Fox, who takes office Dec. 1 under a vow to make the government more professional and less political, is hearing calls from friends and foes alike to restructure the energy industry and allow more private investment.

The prospect of privatization of Mexico’s energy industry underits President-elect Vicente Fox has California interests salivatingbecause already robust demand and infrastructure activity in NorthBaja and along the other northern states promises to get evenhotter under the new political leadership in the next few years.

The prospect of privatization of Mexico’s energy industry underits President-elect Vicente Fox has California interests salivatingbecause already robust demand and infrastructure activity in NorthBaja and along the other northern states promises to get evenhotter under the new political leadership in the next few years.

In an indication that Mexico may be headed toward privatizingits monopoly-run energy industry, Mexican President-elect VicenteFox, who takes office Dec. 1 under a vow to make the governmentmore professional and less political, has asked for and obtainedthe resignation of a top official of the country’s regulatoryenergy commission.