Articles tagged energy reform

As clouds gather around the future of Mexico’s energy industry, experts have presented an analysis of changes to the industry since the implementation of the country’s 2013 reform that unleashed private investment in oil, natural gas and electricity for the first time in more than 75 years.

Mexico Energy Minister Rocío Nahle is resigning from her post to run for governor of Veracruz state, capping off a five-year stint as Mexico’s top energy policymaker.

Mexico’s state giant Petróleos Mexicanos (Pemex) saw domestic sales of natural gas decrease by 10.9% year/year in 2021, the firm said in its recently released 20-F annual report to the U.S. Securities and Exchange Commission.

Ever since coming to power at the end of 2018, Mexico President Andrés Manuel López Obrador has promised to kill the energy reform of his predecessor Enrique Peña Nieto. With his recent proposal to drastically overhaul the energy sector through a constitutional amendment, is this on the cusp of happening?

Mexico’s ruling Morena party and its allies lost their supermajority in the lower congressional house in Sunday’s midterm elections, placing a check of sorts on President Andrés Manuel López Obrador’s nationalist energy agenda.

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.