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Energy Reform Oil & Gas Hydrocarbons

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

Mayer Brown

Mexico - District Judge Suspends Amendment of Hydrocarbons Law That Repealed PEMEX’s Asymmetric Regulation

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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

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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

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

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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

Mayer Brown

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

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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

Mayer Brown

Mexico – New Hydrocarbon and Fuel Import and Export Rules Officially Suspended

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On March 3, 2021, the Resolution That Establishes the Goods Whose Import and Export Are Subject to Regulations Issued by the Ministry of Energy (the “Resolution”) was officially suspended through a resolution published in the...more

Mayer Brown

Mexican Court Suspends New Hydrocarbons and Fuels Import and Export Rules Enacted by Ministry of Energy

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On February 16, 2021, in an amparo proceeding, a Mexican court specializing in economic competition issued a provisional suspension of the Resolution That Establishes the Goods Whose Import and Export Are Subject to...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

Holland & Knight LLP

Mexico's Energy Regulatory Commission Clarifies 10 Scenarios on Trading for Oil Products

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Mexico's Energy Reform of 2013 opened oil and gas sectors to private direct investment and operation. Under that reform, trading of hydrocarbons, oil and petrochemicals (oil products) opened in all value chains, even though...more

Pillsbury Winthrop Shaw Pittman LLP

Mexico’s Energy Reform Provides Significant Opportunities in Oil and Gas Exploration and Production

Mexico’s new energy legislation, which went into effect on August 12, 2014, will completely restructure the Mexican energy sector, including both hydrocarbons and electricity. This legislation opens up oil and gas exploration...more

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