Ryan Ouwerkerk and Sarah Schneider
|
September 20, 2018 06:00 UTC 
(0)
In June 2017, Mexico’s Energy Regulatory Commission (CRE) announced the elimination of the maximum price of natural gas, known as the first-hand price, or the VPM. Instead of using this price cap formula, the state-owned oil and natural gas company, Petroleos Mexicanos (Pemex), alongside independent market participants, would determine prices based on market conditions. More than a year later, how does the Mexican market look from a pricing perspective? |
Daniel Rodriguez
Foreign correspondent with Platts 
|
August 13, 2018 08:01 UTC
(0)
Mexico President-elect Andres Manuel Lopez Obrador has planned sweeping changes to the country’s energy landscape. Among the key goals of the incoming administration is to make Mexico self-sufficient when it comes to its energy needs, including meeting its rising motor fuel demand. A capstone to Lopez Obrador’s plan is construction of a new refinery that will end Mexico’s dependency on imports of refined products and cut domestic prices. However, considering Mexico’s tight public finances and state-owned Pemex’s unsustainable debt levels, there are many |
Marcela Duenas
|
July 18, 2018 05:01 UTC
(5)
After Andres Manuel Lopez Obrador won Mexico’s presidential elections on July 2, industry participants and investors have been wondering what the future holds for the energy sector in Mexico. It is still unclear what the position of Lopez Obrador — known widely as AMLO — will be when once he takes office on December 1, as his campaign was marked by contradictions. |
Annette Hugh
Director, Americas Market Development
|
February 22, 2018 12:01 UTC
(2)
A slowdown versus a reversal of Mexico’s energy reform legislation is the most likely scenario to emerge following July’s presidential election, according to a number of Mexico energy experts gathered February 15 at the Baker Institute, where they discussed the state of the country’s energy reform and how that law will be shaped after this year’s July elections. Speaking at the event dubbed “Political Uncertainty and Mexico’s Energy Reform” were Jesus Reyes-Heroles, former Pemex CEO and former energy secretary of Mexico, and now heading his own consultancy; Miriam Grunstein, chief energy counsel for Brilliant Energy Consulting; Lourdes Melgar, former Mexican deputy secretary of energy for hydrocarbons and now a research affiliate with the Massachusetts Institute of Technology; Pablo Zarate, with FTI Consulting; and Francisco Monaldi of the Baker Institute and moderator of the discussion. |
|
Daniel Rodriguez
Foreign correspondent with Platts
|
January 29, 2018 04:01 UTC
(6)
Figuring out leading Mexico presidential candidate Andres Manuel Lopez Obrador isn’t easy. The populist is a riddle, the answer to which will be critical for the future of Mexico’s energy policy. This is the third time the former head of the Mexico City government has thrown his hat into the presidential race. This time around, vote splitting from the other three presidential candidates could roll out the red carpet for Lopez to win the July election. |
|
Daniel Rodriguez
Foreign correspondent with Platts
|
August 11, 2017 05:01 UTC
(2)
Pemex has yet to announce the next phase of its refined products logistics open season, which could be impacting investment decisions on new midstream projects in Mexico, according to sources. Mexico’s petroleum liberalization does not call for the sale of Pemex logistics assets. But the use Pemex’s existing pipeline and storage infrastructure is being auctioned off in phases under three-year use contracts. |
|
Daniel Rodriguez
Foreign correspondent with Platts
|
February 20, 2017 05:01 UTC
(3)
Mexico’s plans to develop its shale oil resources have finally taken a step forward following years of largely fruitless efforts by the state owned company Pemex. |
Ronald Buchanan
Mexico correspondent
|
July 25, 2016 05:01 UTC
(0)
Enrique Peña Nieto is scrambling to save the legacy of his much-lauded reform of Mexico’s oil industry as the doors of Mexico’s political cycle close on the president amid electoral defeats, political violence and a tough global environment for the oil industry. |
Jeff Ryser
Reporter 
|
February 24, 2016 00:01 UTC
(1)
Pemex, Mexico’s state oil company, is hoping that an infusion of capital from private equity firms and other foreign investors will help it stave off a pressing liquidity crunch. Pemex, which is going through a number of key reforms, is suffering from not only lower oil and natural gas prices, but also has had to increase its debt to fund outflows for taxes, duties and capital spending, all while seeing a roughly 6.7% year-over-year oil production decline. |
|
Ronald Buchanan
Mexico correspondent
|
February 1, 2016 08:41 UTC
(0)
Falling crude oil production, falling refined product output and falling income have led many to believe that the sky is falling on Mexico’s state-owned oil company Pemex. The perilous situation for Mexico’s energy industry — and Pemex is Mexico’s energy industry — has not been lost on officials who are trying to reform the company and, by extension, the nation’s energy landscape. |
Stay up to date with the latest commodity posts. Sign up to our commodities Email Bulletin.
© 2018 S&P Global Platts, a division of S&P Global. All rights reserved
