Category Archives: Mexico energy reform

Bilingual Glossary of ASEA safety guidelines for E&P

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Mexico’s Hydrocarbon Safety Agency (ASEA) was created by law in the Energy Reform of 2014 as an agency to provide public oversight over the entire hydrocarbon value chain, from seismic surveys to service stations.

Mexico’s Energy Sector in 2016

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Mexico’s Energy Sector in 2016 MEI Report 835 Houston, January 31, 2017 This report surveys developments in Mexico’s energy sector in 2016, taking note of high-level personnel changes and institutional and commercial developments. Most of our attention was placed on understanding the farmout strategy that Pemex announced in mid-July and that became the basis for Continue Reading

Why Mexico Needs Standard Farmouts

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Why Mexico Needs Standard Farmouts This report was prompted by a seminar held at Rice University’s Baker Institute on November 1, 2016, on the subject of recent trends in the Mexican economy. During Q&A, the speaker, a deputy secretary from Mexico’s Finance Ministry, responded with surprise at the comment that Pemex and the government were Continue Reading

Mexico’s Problematic E&P Safety Regime

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Mexico’s Problematic E&P Safety Regime Additional work needed for Macondo-scale regulation MEI Report 832 (Houston) The 2013‐14 Energy Reform in Mexico created a new agency that would be responsible for standards and compliance in relation to commerce in hydrocarbons. Unlike the United States and Norway, among other jurisdictions, where cognate agencies would be focused specifically Continue Reading

Mexico’s Energy Reform in Perspective, Part I

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Mexico’s Energy Reform in Perspective, Part I What should EPN tell his successor about the oil reform? MEI REPORT 831 (Houston) — In this report, we consider the Energy Reform of 2013-16 as finished, with the exception of the restructuring of the motor fuel market. The report is a memorandum by the current president to Continue Reading

TRUMP CLOUDS OVER MEXICO

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TRUMP CLOUDS OVER MEXICO: Impact of a Trump administration on the energy reform MEI REPORT NO. 825 (HOUSTON) — This report was prepared with an appreciation of the reaction in Mexico and among Mexicans living in the United States to the unexpected victory of Donald Trump in the 2016 president elections. The report offers a Continue Reading

MEI Report No. 803 Mexico’s Energy Reform in 2015

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MEI Report No. 803: Mexico’s Energy Reform in 2015 A Blowout in the First Year THE DEPRECIATION OF THE MEXICAN PESO, touching MX$/19 to US$1, reflects, in large measure, the unfulfilled expectations of lenders and investors concerning the results of the first year of the roll‐out of the energy reform legislation of 2014. Lenders and Continue Reading