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energy reform Mexico

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The Final Step of the Mexican Energy Reform

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Three energy saving light bulbs by Anton Fomkin

Photo credit by: Three energy saving light bulbs by Anton Fomkin Mexican Congress opened a new chapter in the country’s oil, gas and electricity sectors when it opened all three to foreign investors. Supported by two thirds of the congress and most of Mexico’s states, the reform also allowed private companies to invest after the country nationalized the sectors over 70 years ago. However, as...

Oil Exploration Opportunities Open up in Mexico

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Rossville-Oil Tanks 2 by Joseph Kranak

Rossville-Oil Tanks 2 by Joseph Kranak By the end of 2013, Mexico had opened its state-run petroleum sector after over seven decades of being monopolized by Pemex. Now, the country is taking full advantage of this change in the constitution and preparing itself to become the next frontier to many of the world’s top oil companies. Lourdes Melgar, deputy minister for hydrocarbons, said, “We...

What is the Immediate Impact of Mexico’s Energy Policy Overhaul?

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Photo credit: Drilling at Dusk by Shane Anderson

Photo credit: Drilling at Dusk by Shane Anderson By the end of 2013, Mexico’s Congress approved a bill to change Mexico’s energy policy and end a state oil monopoly that lasted 75 years. Despite protests from opposition lawmakers, the bill secured the necessary votes and will be implemented before the end of 2014. With many laws and regulations expected to improve the efficiency of the energy...

Wind Power Opportunities in Mexico

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Walmart de Mexico renewable wind energy by Walmart

Photo Credit: Walmart de Mexico renewable wind energy by Walmart With recent developments in the region, the wind is certainly blowing in favour of wind power projects in Mexico. The country’s wind power market has seen remarkable growth; expanding from virtually nothing in 1994, Mexico is poised to cross 1,560 MW next year, which is around 3% of grid capacity. An increasing number of wind power...

Mexican Senate approves liberalisation of energy market

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Oil tanker in South Portland by Justin Russell

Credit: Oil tanker in South Portland by Justin Russell Yesterday, Mexican Senate approved the Energy Reform over oil and electricity. Originally, the Bill presented by President Peña Nieto provided for a conservative opening of the market, as he had not enough support to pass it. However, with back up from left-centre PAN, the Senate approved a liberalisation of the market under these terms: 1...

About Author

Alberto Esenaro

I am a Mexican lawyer with experience in technology, energy, automotive, infrastructure and business. Worked for law firms, international companies and Government bodies on business advice, regulatory compliance and litigation.

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