PEMEX

In late 2013, Mexico embarked on a path to transform its energy markets. Then-President Enrique Peña-Nieto oversaw constitutional reforms that ended state-run monopolies, and opened Mexico’s power market to competition and investment from foreign and private companies. By most accounts, the policies were highly effective in spurring investments in renewable energy and efficient natural gas-fired […]

The future of energy in Mexico is being shaped by the administration of President Andrés Manuel López Obrador, who wants state-owned energy companies to have more influence over the country’s power

Mexico’s ongoing energy reform is a “paradigm shift” in the way the country obtains, transforms, and exploits its energy resources, President Enrique Peña Nieto told attendees at IHS CERAWeek on February 22. The reform allows the state to maintain ownership of hydrocarbons underground, but it also encourages private participation in the entire hydrocarbon value chain […]