Enrique Peña Nieto

Pope Francis Gives His First Angelus Blessing To The Faithful

The global natural gas revolution has arrived in Mexico. As the country’s power sector undertakes a fuel shift toward natural gas, state-owned and domestic companies are beginning to seek ways to partner with technology-empowered foreign firms to boost domestic production. While maintaining and expanding struggling crude oil production at state-owned Petroleos Mexicanos (better known as… Keep reading →

American Fuel Up On Cheaper Gas Over The Border Of Mexico

The Mexican energy industry has remained closed to foreign investments since 1938 and its people have taken great pride in its energy independence. But President Enrique Peña Nieto hopes to revolutionize the country’s outdated energy policies with the reform bill he proposed August 12. The bill, which still has to be approved by Congress, would amend… Keep reading →

FILE PHOTO: JP Morgan Chase Posts 36 Percent Increase In Q2 ProfitsBear Stearns

Could more energy market manipulation fines be in JP Morgan’s future? “The Justice Department is launching an investigation into whether JPMorgan Chase manipulated energy markets just weeks after the bank settled similar allegations with federal regulators”. [The Hill] An Oregon Department of Justice investigation of an energy contract awarded to a close associate of the… Keep reading →

Supporters Of Mexico's PRI Party Await Election Results

Proposed amendments to Mexico’s constitution that would open up the country’s energy sector to foreign investment stand a good chance of passing, thanks to a pressing need for revenues and a well-staged political campaign. But the follow-up legislation that sets the tone for foreign investment will be critical to the success of efforts to revitalize… Keep reading →

View of a red pipe line, which transport

Mexico is heading towards much-needed energy sector reform, and with two of the country’s three major political parties in broad alignment on energy goals, major changes to the sector look more likely than ever, according to attorneys in the energy practice of law firm Mayer Brown. Mexico is major oil producer, and one of the… Keep reading →