Category Archives: Featured

Urging Morena to be More Ambitious

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Houston, Aug. 22, 2018 (MEI 878) This report urges the incoming MORENA administration to be more ambitious in its planning for the energy sector. We list two dozen topics grouped in to six categories: Corporate governance and culture, downstream regime, legal, regulatory oversight, social and environmental policy and upstream regime. We observe that insofar at Continue Reading

Morena’s Energy Proposals

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Houston, Aug. 18, 2018 (MEI 877)This report critiques the 50 proposals of the MORENA party related to energy as set forth in a document dated July 10, 2018. We characterize the proposals using metaphors from chemistry: interesting (silver), crowd-pleasing (bromide) and problematic (plutonium). We note that MORENA has roots that go deep in Mexican history Continue Reading

The New York Times and Mexican Public Opinion 2018 and 2006

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Houston, Aug. 1, 2018 (MEI 102290) This report concerns two instances in which the pages of The New York Times have been employed to communicate messages to Mexican audiences and influence public opinion outside of Mexico. In July 2018, the shareholders of a struggling drilling contractor, Oro Negro, utilized a paid insertion that was intended Continue Reading

REIMAGINING THE MEXICAN CONSTITUTION: Ideas for 2024

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Houston, July 28, 2018 (MEI 10053) This report began as a search in the Mexican constitution for anything that would prevent the development of a secondary market in upstream leases, that is, new investors who would bring additional capital, talent and jobs to portions of existing CNH leases. For this, the original leaseholder must be Continue Reading

MEXICO’S 2018 ELECTIONS: Voter Rebellion or Electoral Syzygy?

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Houston,July 9, 2018 (MEI 876) This report seeks to understand the electoral victory of Andrés Manuel López Obrador and his MORENA party in the general elections held on July 1, 2018. The party wins dominant positions in Congress, putting within reach of rolling back the energy reform that was written into amendments of the constitution Continue Reading

OTC 2018 Mexico’s Minimalist Presence

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MEI Market Note 227 Houston, May 14, 2018 This report is the second on the 2018 Offshore Technology Conference (OTC). No MX government speakers attended. Their absence would mean that oil reform would be ignored in the OTC program. IMP’s Ernesto Ríos spoke, as did Pemex’s Ulises Hernández, each about their interest in partnerships. We Continue Reading

Ultramar Oil & Gas, S.A. de C.V. (aka Pemex 2.0)

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Mexico’s 2nd National Oil Company for Frontier Plays HOUSTON, MAY 3-4, 2018 — Download George Baker’s slides from a May 4th panel on the “Privatization of Pemex.” G Baker – Ultramar Oil & Gas, S.A. de C.V. presentation.