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 But President Enrique Peña Nieto hopes to revolutionize the country’s outdated energy policies with the reform bill he proposed August 12.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 →
The trouble with economic booms is that “crazy” is largely a matter of timing. For anyone who was paying attention in the 1980s, the idea that Brazil, with its runaway inflation problems, would emerge as a powerhouse driver of global economic growth while developed economies struggled in the mid to late 2000s would have seemed… Keep reading →
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 →
The Northeast has joined Texas as a hotbed for energy lawyers, driven by our nation’s insatiable demand for energy and the lack of a coherent national energy policy. In addition, the industry is moving from a time-worn regulated monopoly model to free-market competition – complicated by climate change concerns on the one hand and the… Keep reading →
