IPS News: The Mexican government has increasingly turned to public–private partnerships (PPPs) to build infrastructure in the energy industry and other areas. But critics say this system operates under a cloak of opacity and is plagued by the discretional use of funds.
As the 2013 energy reform, which opened the industry to national and international private capital, is implemented, PPPs have become more and more frequent. Read more.
The MexicoBlog of the CIP Americas Program monitors and analyzes international press on Mexico with a focus on the US-backed War on Drugs in Mexico and the struggle in Mexico to strengthen the rule of law, justice and protection of human rights. Relevant political developments in both countries are also covered.
Showing posts with label Mexico's energy reform. Show all posts
Showing posts with label Mexico's energy reform. Show all posts
Oct 7, 2015
Dec 14, 2014
Mexico unveils first phase of historic oil reform
AFP: Mexico unveiled rules Thursday for the first phase of its historic opening of the oil sector to foreign investors, pledging transparent auctions in July for 14 shallow-water fields.
The highly-anticipated guidelines were made public four months after Congress gave final approval to legislation allowing foreign companies to drill for oil for the first time since 1938. Read more.
The highly-anticipated guidelines were made public four months after Congress gave final approval to legislation allowing foreign companies to drill for oil for the first time since 1938. Read more.
Dec 11, 2014
Amid Mexico's Energy Reform, Fuel Theft Poses Risks
Stratfor: Two years into Mexican President Enrique Pena Nieto's six-year term, the president has already managed to pass contentious energy reform legislation that will allow foreign energy firms to operate independently inside the country. The government will award the first of these contracts in the first half of 2015, marking the beginning of an ambitious effort to revitalize Mexico's lagging energy sector.
For foreign companies, however, 2015 will also be an introduction to Mexico's complex security environment and its shifting constellation of transnational criminal groups, commonly referred to as cartels. Mexico's state-owned energy company, Petroleos Mexicanos, or Pemex, and its various contractors are already keenly aware of the risks these groups pose. This risk has intensified in recent years as organized crime groups have sought to diversify their operations beyond trafficking and have expanded fuel theft.
For foreign companies, however, 2015 will also be an introduction to Mexico's complex security environment and its shifting constellation of transnational criminal groups, commonly referred to as cartels. Mexico's state-owned energy company, Petroleos Mexicanos, or Pemex, and its various contractors are already keenly aware of the risks these groups pose. This risk has intensified in recent years as organized crime groups have sought to diversify their operations beyond trafficking and have expanded fuel theft.
Dec 3, 2014
Protests hammer Mexican president's popularity as elections loom
Trust: The popularity of Mexican President Enrique Pena Nieto has sunk amid concerns about his handling of security problems and corruption, polls showed on Monday, in a sign that his ruling party could lose ground in elections next year.
Polls noted the sharp drop in his approval rating since the apparent massacre of 43 trainee teachers students and a conflict of interest scandal involving a home being purchased by the first lady. Read more.
Polls noted the sharp drop in his approval rating since the apparent massacre of 43 trainee teachers students and a conflict of interest scandal involving a home being purchased by the first lady. Read more.
Nov 27, 2014
Three new ports to be built in the Gulf of Mexico
Southern Pulse: The Secretary of Communications and Transport (SCT) announced the construction of three new strategic ports in the Gulf of Mexico to accommodate the impact energy reforms will have on the country. In addition, the SCT revealed plans on 23 November 2014 to modernize and expand existing ports on the Gulf and the Pacific at a cost of several billion dollars. The Coordinación General de Puertos y Marina Mercante (CGPMyM) under Guillermo Ruiz de Teresa at SCT, expects to invest US$95 million to upgrade the Matamoros port in Tamaulipas, including construction of a dock that can handle new larger ships. Mexico hopes to become a logistical hub for goods in transit to move more efficiently. Read more.
Nov 1, 2014
Mexico Supreme Court rejects energy referendum
AP: Mexico's Supreme Court on Thursday rejected a bid to hold a national referendum on a major energy overhaul that opened the sector to widespread private investment for the first time in 76 years.
In identical 9-1 rulings, the court found that referendum petitions filed by two leftist parties were unconstitutional because matters involving state revenue cannot be subjected to popular vote. Read more.
In identical 9-1 rulings, the court found that referendum petitions filed by two leftist parties were unconstitutional because matters involving state revenue cannot be subjected to popular vote. Read more.
Jul 23, 2014
Fracking Fights Loom Large in Mexico
FSN News: Mexico is emerging as the next big battleground in conflicts over hydraulic fracturing, or fracking, as the method of extracting natural gas is commonly known.
While Mexican lawmakers consider regulatory legislation to put into practice the 2013 energy reform that opened up their county’s oil and gas reserves to private investors, anti-fracking forces are mobilizing for a moratorium or an outright ban of the controversial practice from the Mexican Congress. Read more.
While Mexican lawmakers consider regulatory legislation to put into practice the 2013 energy reform that opened up their county’s oil and gas reserves to private investors, anti-fracking forces are mobilizing for a moratorium or an outright ban of the controversial practice from the Mexican Congress. Read more.
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