News & Analysis as of

Foreign Investment Oil & Gas Mexico

Jones Day

Mining Reform in Mexico: Principal Amendments, Effect, and Implications for Foreign Investors

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In Short - The Background: On May 8, 2023, Mexico published several amendments to laws relating to the country's mining industry. ...more

Morgan Lewis

Amendments to Mexico’s Power Industry Law Remain Suspended Despite Court Decisions

Morgan Lewis on

As of July 15, 2021, both Federal Collegiate Courts in Administrative Matters Specialized in Economic Competition (Tribunal Colegiado en Materia Administrativa Especializado en Competencia Económica, Radiodifusión y...more

Morgan Lewis

Mexico Targets Foreign Investors in Oil and Gas Sector with Changes to Hydrocarbon Law

Morgan Lewis on

Mexico President Andres Manuel Lopez Obrador approved for publication on May 4 changes to Mexico’s Hydrocarbon Law (the Hydrocarbons Reform), which is aimed to impair investors in the sector. Following publication in the...more

Mayer Brown

No, Mexico is Not Turning Into Venezuela

Mayer Brown on

Following the Mexican government’s latest initiative of the Mexican government to amend the Hydrocarbons Law, the concerns about Mexico following in Venezuela’s footsteps to undo the energy reform (like Venezuela destroyed...more

Morgan Lewis

Mexico Targets Foreign Investors in Oil and Gas Sector with Proposed Changes to Hydrocarbon Law

Morgan Lewis on

Mexico’s President Andres Manuel Lopez Obrador introduced a legislative initiative on March 26 to reform Mexico’s Hydrocarbon Law (the Hydrocarbons Reform) that is aimed to impair investors in the sector. While the...more

King & Spalding

AMLO Proposes New Legislation to Regulate the Oil & Gas Industry

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On March 26, 2021, the President of Mexico, Andrés Manuel López Obrador (“AMLO”), sent a new bill to Congress intended to amend the Federal Hydrocarbons Law (the “Hydrocarbons Bill”). This is AMLO’s latest attempt to upend...more

Hogan Lovells

An overview of the impact of Mexico's new Electric Power Industry Law on foreign investors operating in the power sector in Mexico

Hogan Lovells on

Disputes involving statutory and regulatory changes are traditionally subject to litigation before local courts or local administrative bodies. Nonetheless, international investment arbitration offers foreign investors an...more

King & Spalding

Recent Import and Export Regulations in Mexico Double Down on Favoritism of Pemex

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In the final days of December, Mexico issued new regulations that limit the ability of private companies to import and export fuel and hydrocarbons. Then, in the first week of this year, Mexico’s President, Mr. Lopez...more

King & Spalding

Energy Newsletter - May 2020

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Energy Explosion: 10 Trends to Watch in Energy Restructuring - On April 20, 2020, U.S. benchmark crude traded negative for the first time. This drastic drop in price was caused by the perfect storm of the Saudi...more

White & Case LLP

Pemex: Investment opportunity in mature fields

White & Case LLP on

On April 24, 2019, Pemex's Chief Executive Officer, Octavio Romero Oropeza, as a measure to comply with the presidential instruction of producing more than two million 400 thousand daily barrels by the end of the six-year...more

Holland & Knight LLP

Demystifying Energy Investment Disputes in Mexico Through the New USMCA

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• Each of the three participating countries in the U.S.-Mexico-Canada Agreement (USMCA) is about to submit the new free trade agreement for its respective Congress' approval. • Some stakeholders have interpreted Chapter 8...more

King & Spalding

Shifting Dynamics in Latin America

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On March 5, 2019, King & Spalding hosted an Energy Forum, titled “Shifting Dynamics in Latin America”, to discuss the political and regulatory changes in Latin America and their impact on investments in energy. Latin...more

Skadden, Arps, Slate, Meagher & Flom LLP

Latin America Dispute Resolution Update – The Latest Developments in Cross-Border Disputes Involving the US and Latin America

US Courts Will Decide Whether to Enforce US$2 Billion Award Against Petróleos de Venezuela - In April 2018, an International Chamber of Commerce (ICC) tribunal awarded US$2.04 billion in damages to two subsidiaries of U.S....more

Akin Gump Strauss Hauer & Feld LLP

Mexico's Energy Industry Round 2 Farmouts: PEMEX finds new partners

• Mexico’s second farmout bid round to find partners for PEMEX oil and gas development yielded mixed results, with 2 onshore licenses awarded and 1 shallow water PSC vacated with no bids • Egyptian company Cheiron...more

Akin Gump Strauss Hauer & Feld LLP

Mexico’s Energy Industry: Mexico Tender Round 2.1: Shallow Water Oil Sells Big

On June 19, 2017, the Comisión Nacional de Hidrocarburos (CNH) completed the Presentation and Opening of Bid Proposals for the First Tender of the Ronda Dos (“Round 2.1”), which was first announced on July 20, 2016. Round 2.1...more

Holland & Knight LLP

Mexico Energy Regulatory Commission Issues Provisions for Distributed Generation

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Under Mexico's Energy Reform of 2013, the private sector may participate and invest in a number of energy-related activities. One of the most attractive activities is power generation, especially considering that distributed...more

Holland & Knight LLP

Mexico Hydrocarbons Commission Calls Tender for Second PEMEX Farmout

Holland & Knight LLP on

Eight More Onshore and Offshore Farmouts Set for 2017 and 2018 Mexico's 2013 Energy Constitutional Reform opened exploration and production (E&P) of the oil and gas sectors to private investment and contracting....more

Skadden, Arps, Slate, Meagher & Flom LLP

"Mexican Energy Sector Restructuring: New Opportunities for Renewables"

The ongoing effort to restructure the power sector in Mexico, together with Mexico’s strong policy on combating climate change, have created compelling opportunities for investors in renewable energy projects that likely will...more

King & Spalding

Implementing A Competitive Natural Gas Market In Mexico - CENAGAS to hold its first open season

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Centro Nacional de Control de Gas Natural (CENAGAS) has received authorization from the Comisión Reguladora de Energía (CRE) to conduct its first open season for the assignment of available capacity on a firm basis in the...more

A&O Shearman

Oil & Gas Sector in Mexico: Comisión Nacional de Hidrocarburos Announces Petróleos Mexicanos’ First Offer to Farmout

A&O Shearman on

On July 28, 2016, the Mexican government, through the Comisión Nacional de Hidrocarburos (National Hydrocarbons Commission) (“CNH”), commenced an international tender process by publishing in the Diario Oficial de la...more

A&O Shearman

Oil & Gas Sector in Mexico: The Mexican Government Announces Round Two | Publications

A&O Shearman on

On July 20, 2016, the Mexican government, through the Comisión Nacional de Hidrocarburos (National Hydrocarbons Commission) (“CNH”), published in the Diario Oficial de la Federación (the Federal Official Gazette) the Bidding...more

King & Spalding

Development of Competitive Natural Gas Market in Mexico

King & Spalding on

Mexico has prepared a plan for the development and implementation of an open and competitive marketplace for natural gas (Implementation Plan). The hope is that the Implementation Plan will result in a fully competitive...more

Seyfarth Shaw LLP

Energy Insights: An Update from the Third Quarter of 2015

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In this edition of Seyfarth Shaw’s Energy Insights Newsletter our Energy and Clean Technologies team covers important developments in Q3 2015 for the energy industry including 1) the latest initiatives from the Environmental...more

King & Spalding

Energy Newsletter - October 2015

King & Spalding on

FERC Shares Best Practices for Stakeholder Outreach in Gas Project Permitting - The dramatic increase in domestic energy production over the past several years has resulted in the involvement of the Federal Energy...more

Manatt, Phelps & Phillips, LLP

Mexico’s Energy Revolution Series: Mexico's Oil and Gas Exploration and Production

In This Issue: - Introduction - A Monumental Constitutional Amendment - Understanding the New Risk Contracts - Navigating the Regulatory Environment - Investment Opportunities: ...more

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