What changes are needed for a meaningful reform in public oversight and corporate governance?

On May 18, 2013, “Mexico Grows at Slowest Pace in Three Years” was the title of a story in the Wall Street Journal. The Pact for Mexico “has already led to passage of sweeping education and telecommunications overhauls, increasing hopes that an oil-sector reform planned for the second half of the...
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Download MEI report title pages from OTC 2013 interviews

In 2013, the Offshore Technology Conference (OTC), the global oil industry event that is held annually in Houston in May, attracted over 100,000 attendees. There were some 2,700 exhibitors who occupied space equivalent to eleven American football fields. There were delegates from 40 countries. Outside the exhibition floor there were...
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Energia’s George Baker comments on Wall Street Journal article

GEORGE BAKER: HOUSTON — Juxtaposing exports of commodities and manufactured goods from assembly plants of the kind found in Mexico (and called maquiladoras) can be misleading, as their revenue and tax implications are different. Commodity exporters pay taxes on their gross margins (or so one would hope), while maquiladora exporters...
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The Zen of Spanish Proficiency

BUDDHISM IS A RELIGION built around the idea of religious freedom. The freedom that the Buddhist seeks is not of the kind that drove American pilgrims of the 17th century, which was freedom from persecution by the State. The Buddha taught that there is another, unsuspected freedom, which may be...
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Panelists reflect on outlook of Mexican oil at Global Energy Conference

A panel on the outlook for Mexican oil was held in Houston on May 15, 2013, as an element of the 8th Global Energy Conference sponsored by MAYER • BROWN law firm. There were two speakers on the panel, which was moderated by Mayer Brown’s Pablo Ferrante: Duncan Wood, director...
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Different safety cultures for drilling vs. production?

On May 13, 2013, I had a long chat in the Galleria-area office of Charlie Williams, the executive director of the Center for Offshore Safety (whose earlier career had been with Shell). One of the topics that we discussed was whether or not the case could be made that there...
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News commentary: OTC 2013 — Day 1

HOUSTON, May 7, 2013—Every year, in the first week of May, Houston becomes the Party Town of the global oil and gas industry. For the 80,000 people who attend the event, as delegates, speakers and exhibitors, there are invitations to breakfasts, receptions and special events throughout the week. Offshore Technology...
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