Category Archives: Energy reform

News commentary: OTC 2013 — Day 1

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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 Conference (OTC) is the premier Continue Reading

News Commentary: How to reinvent the legal figure of a private mineral interest in oil and gas?

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The hermetic and heavy silence of the Peña Nieto administration regarding their ideas for an energy reform for the fall of 2013 leaves everyone guessing about what’s on their minds. How to reinvent the legal figure of a private mineral interest in oil and gas? Recently, I’ve been asking myself the question about what minimal Continue Reading

Congressional hearing on energy to take place in Mexico City

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The congressional hearing on proposals for energy reform are scheduled March 11 and 12 at Hotel Hilton Reforma in downtown Mexico City beginning 10:30 a.m. Participants will include Ing. Cauhtémoc Cárdenas Solórzano y Jėsus Grijalva, Presidente Nacional del PRD. For more contact, Diputado Luis E. Cházaro at 503-60000, ext. 56378, or e-mail

Explosion at Pemex HQ in Building B-2:

Narratives and counter-narratives

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About 4 p.m. on January 31st, an explosion ripped through three floors of a Pemex administrative building at its headquarters complex in downtown Mexico City. Additionally, the blast—traveling through an underground tunnel—damaged a services building across the street. There were 37 fatalities and some 100 injuries. According to early reports, the explosion originated in the Continue Reading

Reflections on the Incident at Building B-2 of the

Pemex Headquarters Complex

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The explosion in the basement of the building in Pemex’s headquarters complex was not an industrial accident, as the building is not a facility in which petroleum products are processed, transported or sold. The explosion could have taken place in any other building that operated as an administrative center or office building (the Latin American Continue Reading

A New Beginning for Mexican Oil: principles and recommendations for a reform in Mexico’s national interest

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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

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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

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