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Peña Nieto

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Mexico tenders oil drilling to allow foreigners

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Mexico’s lawmakers have approved new and historic measures which will be opening the energy sector to private investment. The Mexican oil sector had previously been a state monopoly for over 75 years. Mexican President Pena Nieto made liberalization of the energy sector, among others, a central part of his platform when he became President. At present, Mexico is the world’s 9th largest oil...

Mexico Grabs the Attention of British Business

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UK biometric passport on pile of Euro currency by Christopher Elison

UK biometric passport on pile of Euro currency by Christopher Elison In an effort to turn a new page after failures due to “early leadership and subsequent neglect”, the U.K. has started focusing on strengthening long-term ties with emerging powers in Latin America, including Mexico. British Deputy Prime Minister Nick Clegg met with President Enrique Peña Nieto to reinforce bilateral relations...

NAFTA Partners Set to Play a Prominent Role in Mexico’s New Energy Regime

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Oil Rig Promet by Jay Phagan

Photo credit: Oil Rig Promet by Jay Phagan December 2013 marked the opening of Mexico’s state-monopolised energy industry after 75 years. The reforms that led to the change will allow international investors to become part of this lucrative sector and ultimately boost Mexico’s economy. NAFTA, the North American Free Trade Agreement, partners will also be able to enjoy the benefits of an...

Foreign Companies to Play a Role in Mexico’s Energy Future

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Rig repairs by Andrew Deacon

Photo credit: Rig repairs by Andrew Deacon The Mexican energy reform drafted by President Enrique Peña Nieto was approved by the Congress in Dec 12 and most of the 31 states. As a result, the once PEMEX-controlled sector opened up to private and foreign partners after 75 years. Starting next year, new contracts will be issued to companies to allow them to enter Mexico and carry out their work...

Shale Gas Expertise Required in Mexico

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Shale gas pipes, Pennsylvania USA by Beyond Coal and Gas

Photo credit: Max Phillips (Jeremy Buckingham MLC) Photo: Shale gas pipes, Pennsylvania USA by Beyond Coal and Gas Despite starting to explore the area in 2010-2011, Petróleos Mexicanos (Pemex) will not be able to tap into the Mexican Eagle Ford Shale for decades. In addition to focusing on less risky shallow-water project, Pemex cannot afford the higher costs associated with more wells, labor...

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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