Category Archives: Mexico Energy Intelligence

2nd Public Comment on CNH’s Draft Model Contract

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Improvements and shortcomings in the revision of March 25, 2015 Mexico’s Hydrocarbon Commission (CNH) on March 25th issued a revised Model Contract for Mexico’s Round One of public auctions for offshore petroleum blocks.

Another Mexico energy conference: To attend or not?

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(MARKET COMMENT 070 — HOUSTON) The frequency of conferences on Mexico’s energy reform organized by sponsors of all stripes has led some conference‐goers into a state of consumer overload. To attend yet another conference requires justifying the time out of the office, plus the cost of registration and, for some attendees, international travel.

Mexico Needs a Pemex 2.0

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This article by George Baker was published in the Mexico City newspaper MILENIO. It offers a critique in Spanish of the upstream design and implementation of Round One.

Freedom of Speech in Mexico: How will employee misconduct get reported?

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HOUSTON (MEI Report No. 774) — We started this report in mid-January by asking ourselves what might be learned from comparing Mexico to other countries, including France, where there are challenges to freedom of the press. Over the years there have been many reports on the state of the “freedom of the press” in Mexico Continue Reading

The Risk of Gold Plating in Mexico’s Round One

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The term “gold plating” has been around for decades in public services such as electricity and natural gas distribution where the return on investment of a company is regulated by a Public Utility Commission. A company might, for example, be guaranteed a 12% return on its investment. In such an arrangement, the company is given Continue Reading

Does the Hydrocarbon Law offer the equivalent of a U.S. mineral lease?

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In this report, we ask a difficult question: do Mexico’s hydrocarbon laws provide the equivalent of a U.S. minerals lease for oil and gas? To answer this question, we first examined the terms and concepts in Mexico’s Mineral Law, where the legal figure of concession exists. We then considered the nature of a U.S. mineral Continue Reading

Football Analogy (Part II)

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In this report, we extend use of the terminology of American football to describe the energy history of Mexico, by presidential period, starting with the presidency of José López Portillo in 1976. There are moments in which the ball of energy reform, on either the oil or power sides, was fumbled. There are other moments Continue Reading