News & Analysis as of

Hydrocarbons Mexico

Holland & Knight LLP

Agreement Modifies Imported and Exported Merchandise Regulated by SENER in Mexico

Holland & Knight LLP on

The Mexican Ministries of Economy (Secretaría de Economía or SE) and Energy (Secretaría de Energía or SENER) on Nov. 6, 2023, published in the Official Gazette of the Federation (Diario Oficial de la Federación or DOF), the...more

Hogan Lovells

Modificaciones a regulación de comercio exterior por parte de la Secretaría de Energía.

Hogan Lovells on

Se establecen nuevas reglas de vigencia de permisos previos de importación y exportación de petrolíferos o hidrocarburos, y se adiciona nueva mercancía sujeta a regulación de comercio exterior por parte de la Secretaría de...more

Holland & Knight LLP

Decree Limiting Fuel Imports in Mexico

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The Secretary of Energy in Mexico (Secretaría de Energía en México o SENER) on Oct. 23, 2023, published in the Official Gazette of the Federation (Diario Oficial de la Federación o DOF) the "Decree establishing measures to...more

Holland & Knight LLP

CRE deja sin efectos Acuerdos de Suspensión de Plazos en México

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La Comisión Reguladora de Energía (CRE) de México publicó el 20 de julio de 2023, en el Diario Oficial de la Federación (DOF) el "Acuerdo Núm. A/023/2023 de la Comisión Reguladora de Energía por el que se dejan sin efectos...more

Hogan Lovells

Restablecimiento de Medidas Asimétricas a Pemex en Ventas de Primera Mano y Comercialización

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El 15 de junio de 2023, la Suprema Corte de Justicia de la Nación otorgó un amparo a diversas empresas que implica el restablecimiento de medidas asimétricas que fueron impuestas por la Comisión Reguladora de Energía (“CRE”)...more

Hogan Lovells

ASEA publica proyecto de nueva NOM para almacenamiento de Gas LP

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El Proyecto de nueva Norma Oficial Mexicana pretende regular aspectos relacionados con las instalaciones de almacenamiento de Gas LP....more

White & Case LLP

Preliminary draft of new provisions regarding cross-participation in the hydrocarbons sector

White & Case LLP on

On August 9, 2022, the Energy Regulatory Commission (Comisión Reguladora de Energía, "CRE") published a new preliminary draft of "General Provisions that establish the procedure and requirements to obtain the authorization...more

White & Case LLP

Resumption of effects of the Resolution regarding import and export permits for hydrocarbons and petroleum products

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On February 17, 2022, the Ministry of Economy and Ministry of Energy published in the Federal Official Gazette (the "DOF") the "Resolution that abrogates the resolution that suspends all the consequences derived from the...more

Mayer Brown

Mexico - District Judge Suspends Amendment of Hydrocarbons Law That Repealed PEMEX’s Asymmetric Regulation

Mayer Brown on

On May 31, 2021, Judge Juan Pablo Gómez Fierro of the Second District Court for Administrative Matters, specialized in Economic Competition, Broadcasting and Telecommunications ("District Judge"), suspended the amendment to...more

White & Case LLP

Amendment to the Hydrocarbons Law and resolution that eliminates the asymmetric regulation applicable to Pemex

White & Case LLP on

On May 19, 2021, the Mexican President Andrés Manuel López Obrador published in the Federal Official Gazette1 the "Decree amending the thirteenth transitory article of the Hydrocarbons Law" (the "Reform"), in order to...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

Mexico - Amendment to Hydrocarbons Law Is Partially Suspended

Mayer Brown on

Two district judges have temporarily suspended certain provisions of the amendment to the Hydrocarbons Law published in the Federal Official Gazette (Diario Oficial de la Federación, “DOF”) on May 4, 2021 (the “Amendment”)....more

White & Case LLP

Amendment to the Hydrocarbons Law

White & Case LLP on

Following our client alert published on March 30, 2021, the "decree by which several provisions of the Hydrocarbons Law are amended and added" (the "Reform") was published on May 4, 2021 and entered into effect on May 5,...more

Mayer Brown

Mexico – First Amendment to the Hydrocarbons Law is Published

Mayer Brown on

On May 4, 2021, the first amendment to Mexico’s Hydrocarbons Law was published in the Federal Official Gazette, with the legislative process having concluded on April 22, 2021, after a heated debate during a plenary session...more

Mayer Brown

Mexico – Another Amendment to the Hydrocarbons Law Would Eliminate Asymmetric Regulation for Pemex

Mayer Brown on

Another proposed reform to the Hydrocarbons Law has gone through a hasty legislative process. On April 29, 2021, the Mexican Senate approved a reform bill ending the powers of the Energy Regulatory Commission (“CRE”) to...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

Holland & Knight LLP

Mexico Discusses to Revoke Asymmetric Regulation to Pemex

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On April 20, 2021, the Mexican Energy Commission of the Chamber of Representatives (Comisión de Energía de la Cámara de Diputados) held an extraordinary session to present and approve on the same day a bill to reform the...more

Holland & Knight LLP

Mexico's Lower House Approves Bill to Reform Oil and Gas Sector

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After approval from the Mexican Energy Commission of the Chamber of Representatives (Cámara de Diputados), the country's lower house of congress approved on April 14, 2021, the bill to reform the Hydrocarbons Law (Ley de...more

Mayer Brown

Mexico – The House of Representatives Approves an Initiative to Amend the Hydrocarbons Law

Mayer Brown on

On March 26, 2021, the House of Representatives published an initiative from the executive branch to reform the Hydrocarbons Law (the “Draft of Reform”) in its Parliamentary Gazette....more

Jones Day

Mexico's Hydrocarbons Law: What Foreign Investors in Mexico Must Know to Protect Their Rights

Jones Day on

On March 26, 2021, Mexico President López Obrador sent a bill to Congress to modify the country's hydrocarbons law (the "Draft Bill"). Under the Draft Bill, (i) the granting of import, commercialization, and distribution...more

Mayer Brown

Mexico – Government Proposes Amendment to the Hydrocarbons Law

Mayer Brown on

On March 26, 2021, the Mexican House of Representatives published in the Parliamentary Gazette an initiative to amend certain provisions of the Hydrocarbons Law, an amendment directly proposed by President Andrés Manuel López...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

Holland & Knight LLP

Mexico to Discuss Oil and Gas Reform Bill

Holland & Knight LLP on

On March 26, 2021, Mexico's president submitted to the Chamber of Representatives (Cámara de Diputados) a bill to reform the Hydrocarbons Law (Ley de Hidrocarburos or LH) (the LH Reform) that favors the state-owned company,...more

King & Spalding

AMLO Proposes New Legislation to Regulate the Oil & Gas Industry

King & Spalding on

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

White & Case LLP

Initiative to modify the Hydrocarbons Law

White & Case LLP on

On March 26, 2021, Mexican President Andrés Manuel López Obrador sent to the Chamber of Deputies the "initiative to modify the Hydrocarbons Law," (the "Initiative"). The Initiative intends to modify relevant aspects of...more

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