Category Archives: Featured

MORENA Reimagines Pemex: Bill submitted to realign responsibilities

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(MARKET Note 238, HOUSTON, 02/14/2019) — This report was prompted by the notice taken by two NGO’s in Mexico (México Evalúa and Ombudsman Energía México) of the legislative bill that had been submitted to the Lower House by a lawmaker from the MORENA coalition. The NGOs expressed alarm that, if approved, the amendments to the Law Continue Reading

New report on Mexico’s Operating Environment

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(MEI 236 — HOUSTON, 02/05/2019) This report expanded considerably from our original intent to provide notes on the conference on anti-corruption in Latin America that was held at Rice University’s Baker Institute last Friday afternoon. For more information, plus the ability to download sample pages of MEI 236 and SFP Memo of Jan. 28, 2019 Continue Reading

MEI Market Note 233 Mexico in OTC 2019: Work in Progress

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Houston, January 23, 2019 This report provides a preview of the panel on Mexico that will be held at the Offshore Technology Conference (OTC). The 3-hour panel is tentatively scheduled for Tuesday, May 7, 2019. The first segment will provide oil companies with leases in Mexico the opportunity to share ideas about how to move Continue Reading

Assessing Energy Regulators in Mexico: An update from OECD

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(MEI 886 — HOUSTON, 01/11/2019)In mid-December 2018, a performance review was issued by the Organization for Economic Cooperation and Development (OECD) of three energy regulators in Mexico: National Hydrocarbon Commission (CNH), Energy Regulatory Commission (CRE) and Hydrocarbon Safety Agency (ASEA).Researchers reviewed the efforts of the three regulators to devise protocols for cooperation and to simplify Continue Reading

Regulatory predictability in Mexico: the unsettling precedent of Juan Carlos Zepeda

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(MEI Report 883 — Houston, Dec. 17, 2018) This report provides an overview of accomplishments and setbacks that Mexico’s upstream regulator (CNH) experienced under Mr. Zepeda’s leadership. We consider the elements in play that could have led to a decision to continue in office until the end of his statutory term (April 30, 2019) or Continue Reading

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