Reinventing the Office of the President of Mexico (MEI 897, Houston, May 29, 2019) This report addresses two broad questions: During the first six months of the López Obrador administration, how has the national interest been served? In parallel, is the Mexico risk premium overpriced or underpriced in the energy...
Read more
MEXICO’S MIDSTREAM PANEL AT OTC 2019
(MEI 895, HOUSTON, 05/15/2019) — This report provides highlights of panelist presentations at the Mexico country session of the 2019 Offshore Technology Conference. The session was structured in two segments: Operators and Service companies plus the midstream regulator. In the first segment, speakers from Pemex, BP, Murphy Oil and Fieldwood...
Read more
API raises yellow card
(HOUSTON, June 22, 2020, MEI Market Note 103) — THREE WEEKS IN ADVANCE of the date when the United States-Mexico-Canada Agreement (USMCA) is scheduled to come into force, a major oil industry voice in Washington, D.C., notified senior officials of the Trump Administration of concerns about the regulatory mistreatment of...
Read more
Transparency Gap In The CNH
(HOUSTON, May 27, 2020, Market Note 248) — IN DECEMBER OF 2018, the CIDE noted an asymetry in CNH reporting. READ PAGES ON MOBILE DEVICE...
Read more
A Rule of Law in Mexico’s Energy Sector
(HOUSTON, June 17, 2020, MEI 911) — IN MANY STREETS AROUND THE WORLD today the rule of law is questioned and defied as populations grapple with the coronavirus-19, the associated economic contraction, and the turn in governments toward authoritarian strategies for managing the economy and civil dissent. Mexico is not...
Read more
Mexico’s Energy Reform at Year Six
(Houston, February 25, 2020, MEI 907) — Everyone, it seems, is frustrated by the results to date of Mexico’s Energy Reform of 2013-14. The President of Mexico, Andrés Manuel López Obrador deplores the low level of investment and production from the upstream leases. Pemex E&P is going through a leadership...
Read more
Talos Comment 097
(Houston, Feburary 14, 2020, Talos Comment 097) — This report is the complement to Market Comment 095, which provided a chronological narrative of the history of energy reform in Mexico, retold in the language and concepts of American football. READ PAGES ON YOUR MOBILE DEVICE...
Read more
Pemex Quits Exploration In Deepwater
(HOUSTON, JUNE 3, 2020, Market Comment 101) — This report asks about how Mexico’s National Hydrocarbon Commission (CNH) should respond to the statements by executives of Petróleos Mexicanos that the company will suspend deepwater exploration until at least 2024. READ PAGES ON YOUR MOBILE DEVICE...
Read more
Pemex’s Safety and Environmental System (SEMS): How robust?
The robustness of Pemex’s safety regime is important not only to employees but also to contractors, farmout partners, regulators and communities. This report examines Pemex’s safety and environmental management system that is known as PEMEX – SSPA. The system provides training and a code of conduct for both employees and...
Read more