Category Archives: Energy reform Pemex
A New Beginning for Mexican Oil: principles and recommendations for a reform in Mexico’s national interest
Written on , by George Baker
Calls and suggestions for energy reform in Mexico have been heard and read for a generation in Mexico. The Energy Reform of 2008 was well-intentioned, but it neither introduced market price signals nor did it promote competition with (that is, against) Pemex or CFE. In mid-January 2013, another call for upstream reform was issued by Continue Reading
My Negative Votes on Pemex’s Board
Written on , by George Baker
In MEI Market Note 154, THE LOGIC AND OPTIONS FOR ENERGY REFORM (Jan. 10, 2013), we offer the new Mexican government some unexpected advice: Reject any proposal for changes in CFE or Pemex that aspires to make either company more efficient—but only in Mexico. One of these measures is to merge the three business units Continue Reading
The Mexican Government’s Offshore Entitites in the Oil Sector
Written on , by George Baker
HOW PEMEX AND THE PUBLIC INTEREST ARE SERVED This report provides an overview of Pemex’s network of offshore companies, indicating benefits, criticism as well as potential harm to Pemex and the public interest if market governance and oversight are inadequate. The first section of the body of this report deals with the origin of the Continue Reading