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Energy Reform Energy Projects Hydrocarbons

White & Case LLP

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

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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 – First Amendment to the Hydrocarbons Law is Published

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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

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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

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

Mayer Brown

Mexico – Government Proposes Amendment to the Hydrocarbons Law

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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

Holland & Knight LLP

Mexico's National Hydrocarbons Commission Reschedules Oil Rounds and Farmouts

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• Mexico's new administration, led by President-Elect Andrés Manuel López Obrador, has promised to not rescind the energy reform of 2013, but to closely review the exploration and production (E&P) contracts already awarded to...more

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