Category Archives: energy

Perfect Storm – Is the Mexican Economy About to Collapse?

Mexico’s underperforming economy has been covered here before. But those posts addressed long-term, structural impediments to Mexico’s ability to develop a modern economy with a higher growth rate. Notably, those posts did not address the most commonly cited ‘structural’ flaws … Continue reading

Posted in economic development, economy, energy, fdi, finance, informality, investment, labor, narco, oil and gas, organized crime, Pact for Mexico | Leave a comment

Round 1 Shallow Water Contracts & Nightmare Compliance Provisions

The Secretary of Energy (SENER) and National Hydrocarbons Commission (CNH) released draft contracts and other information related to the Round 1 bidding on shallow water projects. Round 1 Basics Here is a map of the shallow water locations up for bidding: The Round … Continue reading

Posted in CNH, compliance, corruption, energy, fdi, oil and gas, Pact for Mexico, pemex, procurement, reform, SENER | Leave a comment

As it Turns to 2015, How Can Mexico Put 2014 Behind?

2014 was an unfortunate year for Mexico, despite (initially) glowing praise from international media outlets and a relatively painless process of passing major economic reforms. Ultimately, dark reality triumphed over glittering narrative, and the PR-based presidency of Enrique Peña Nieto (EPN) … Continue reading

Posted in corruption, crime, economic development, economy, energy, fdi, Iguala, normalistas, oil and gas, organized crime, Pact for Mexico, procurement, reform, rule of law, tender, transparency | Leave a comment

Pacto por Mexico – Energy Reform Passed

Last week, Pres. Pena signed into law the secondary legislation implementing the Energy Reform under the Pacto por Mexico. The final contours of the law did not differ significantly from the changes made by the Senate, discussed here. This is … Continue reading

Posted in economy, energy, legislation, oil and gas, Pact for Mexico, reform, Uncategorized | Leave a comment

Anticorruption Update – Stalled Reform, Policing PEMEX/CFE

Forgotten Reform As discussed in previous posts, corruption in Mexico is a serious issue, costing the country up to around 9 percent of GDP. Thus, it’s not surprising that corruption has made its way onto the reform agenda of the Pacto por Mexico. … Continue reading

Posted in corruption, economy, energy, legislation, oil and gas, Pact for Mexico, pemex, politics, reform | 2 Comments

Pacto por Mexico – Energy Reform Update

It has taken a bit longer than expected for the secondary legislation of the Energy Reform to make it through the Congress. On Wednesday, the Senate published the changes made to the secondary legislation in committee, all of which can … Continue reading

Posted in economy, energy, legislation, oil and gas, Pact for Mexico, pemex, reform | 1 Comment

Energy Reform Update

As discussed in the last post, Pres. Peña (EPN) introduced draft implementing legislation for the Energy Reform at the end of April. Below is a brief update on the legislature’s review of the implementing legislation. On June 4, the working sessions … Continue reading

Posted in energy, legislation, oil and gas, Pact for Mexico, pemex, reform | Leave a comment