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
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
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
On February 25, 2021, the National Agency for Industrial Safety and Environmental Protection of the Hydrocarbon Sector ("ASEA")1 published the "General administrative provisions that establish the Guidelines regarding the...more
Following our client alert published on November 17, 2020, it is informed that the Resolution that establishes the products whose import and exports is subject to regulation by the Ministry of Energy (the "Resolution") was...more
On December 1, 2020, the Ministry of Economy ("SE") and the Ministry of Energy ("SENER") published the preliminary draft (the "Preliminary Draft") of the Resolution that establishes the products whose import and export is...more
On August 3, 2020, the National Hydrocarbons Commission (the "CNH") published through the Federal Official Gazette, the resolution whereby the CNH establishes several measures in order to promote the development of petroleum...more
8/7/2020
/ Coronavirus/COVID-19 ,
Energy Sector ,
Force Majeure Clause ,
Hydrocarbons ,
Mexico ,
National Hydrocarbons Commission (CNH) ,
New Regulations ,
Oil & Gas ,
Petroleum ,
Public Health Emergency ,
Suspension Clause
On July 8, 2020, the Ministry of Energy ("SENER") issued through the Federal Official Gazette, the Energy Sector Program (Programa Sectorial de Energía) 2020-2024 (the "PROSENER"). PROSENER is a planning instrument derived...more
7/16/2020
/ Electricity ,
Energy Sector ,
Energy Storage ,
Federal Electricity Commission (CFE) ,
Hydrocarbons ,
Mexico ,
Oil & Gas ,
PEMEX ,
Power Plants ,
Regulatory Agenda ,
Renewable Energy
The constitutional energy reform of 2013 allowed private participation in the entire hydrocarbons value chain (i.e., storage). Likewise, this energy reform was aimed at increasing energy security and the timely and sufficient...more
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
5/11/2019
/ Energy Exploration ,
Foreign Investment ,
Investment Opportunities ,
Mexico ,
Oil & Gas ,
PEMEX ,
Public Bidding ,
Request for Proposals ,
Resource Extraction ,
Risk-Sharing ,
Tariffs
On January 23, 2019, the National Agency for industrial Safety and Environmental Protection of the Hydrocarbons Sector ("ASEA") published the "General Administrative Provisions on the Guidelines for the Design, Construction,...more
1/30/2019
/ ASEA ,
Construction Project ,
Crude by Rail ,
Environmental Policies ,
Hydrocarbons ,
Insurance Regulations ,
Mexico ,
New Regulations ,
Oil & Gas ,
Oil by Rail ,
Risk Management ,
Safety Inspections ,
Transfer Restrictions
In recent years, the hydrocarbons theft practice in Mexico has had significant growth. This crime is committed, primarily, by the tapping of the oil-transporting pipelines in order to extract gasoline and diesel products for...more
As a result of the 2013 constitutional reform, Petróleos Mexicanos ("PEMEX") was transformed into a productive state-owned enterprise directed by a General Director and a Board of Directors. Currently, each of them has...more