Tag "Pemex"
Can Peña Nieto make Mexico great again?
The promise to “make America great again” found an unlikely echo in Mexico, feeding off frustration over President Peña Nieto’s energy reforms.
Amid falling production, Latin American oil is caught in the doldrums
Latin America’s oil industries, long seen as a relatively safe investment, are now caught in a squeeze between low oil prices, intra-hemisphere competition, corruption scandals, and increasingly vocal local communities.
Will corruption undermine growth in Mexico?
The multi-billion dollar scandal in Brazil now sinking state-owned oil company Petrobras and tipping the economy into stagflation is a clear warning to Mexico, another Latin American emerging market plagued
Mexico’s oil reforms aim to boost revenue
President Enrique Peña Nieto’s privatization efforts are an attempt to restart revenue generation in the oil sector, which had stalled. Nieto hopes greater tax revenue from the sector may help cover federal budget deficits.
Energy reform in Mexico still presents risks
Mexico’s energy reforms are necessary to revitalize the sector. If the reform process is any indication, however, foreign firms will be wise to enter with caution. So dear to Mexican
Armed conflict, stalled bureaucracy limit Colombia’s economic growth
Global Risk Insights has reported that the largest problem for Venezuela’s PDVSA and Mexico’s Pemex is falling oil production. Now, another South American country, Colombia, has also reported a decrease in oil
The future of oil exporters in Latin America
Mexico has liberalized its oil sector and Venezuela tries to survive a wave of violent protests. What does the future of oil look like in Latin America? The politics of
Oil privatisation central to Mexico’s economic overhaul
In an act that was met with mixed views by its public, Mexico’s nationalised oil sector has been opened for private investment for the first time in 75 years. In
Argentina’s nationalized oil company may plague finances
A new deal between the Argentina and Repsol, a Spanish multinational oil and gas company, will mark a new era for Argentinian state finances. It also introduces an important question: will Repsol’s
Risks abound in Mexico’s new oil laws
Much has been made of the recent announcement that Mexico is seeking to update its oil laws, allowing foreign companies a role in the industry for the first time in
