News & Analysis as of

Hydrocarbons Energy Projects Mexico

Jones Day

Constitutional Reform in Mexican Electricity Sector

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New laws have been issued for the Mexican electricity sector, establishing a new dynamic between the public and private sectors....more

Holland & Knight LLP

Federal Executive of Mexico Presents Initiative That Issues the Law of the Hydrocarbon Sector: Part 3

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Mexico's proposed Hydrocarbons Sector Law (Ley del Sector Hidrocarburos or LESH) contemplates: 1) abrogating the Hydrocarbons Law (in force) published on Aug. 11, 2014, 2) the issuance of the Regulations of the LESH, 3)...more

Holland & Knight LLP

CRE deja sin efectos Acuerdos de Suspensión de Plazos en México

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La Comisión Reguladora de Energía (CRE) de México publicó el 20 de julio de 2023, en el Diario Oficial de la Federación (DOF) el "Acuerdo Núm. A/023/2023 de la Comisión Reguladora de Energía por el que se dejan sin efectos...more

White & Case LLP

Amendment to the Hydrocarbons Law and resolution that eliminates the asymmetric regulation applicable to Pemex

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On May 19, 2021, the Mexican President Andrés Manuel López Obrador published in the Federal Official Gazette1 the "Decree amending the thirteenth transitory article of the Hydrocarbons Law" (the "Reform"), in order to...more

Morgan Lewis

Mexico Targets Foreign Investors in Oil and Gas Sector with Changes to Hydrocarbon Law

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Mexico President Andres Manuel Lopez Obrador approved for publication on May 4 changes to Mexico’s Hydrocarbon Law (the Hydrocarbons Reform), which is aimed to impair investors in the sector. Following publication in the...more

Mayer Brown

Mexico – First Amendment to the Hydrocarbons Law is Published

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On May 4, 2021, the first amendment to Mexico’s Hydrocarbons Law was published in the Federal Official Gazette, with the legislative process having concluded on April 22, 2021, after a heated debate during a plenary session...more

Mayer Brown

Mexico – Another Amendment to the Hydrocarbons Law Would Eliminate Asymmetric Regulation for Pemex

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Another proposed reform to the Hydrocarbons Law has gone through a hasty legislative process. On April 29, 2021, the Mexican Senate approved a reform bill ending the powers of the Energy Regulatory Commission (“CRE”) to...more

Mayer Brown

No, Mexico is Not Turning Into Venezuela

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Following the Mexican government’s latest initiative of the Mexican government to amend the Hydrocarbons Law, the concerns about Mexico following in Venezuela’s footsteps to undo the energy reform (like Venezuela destroyed...more

Mayer Brown

Mexico – The House of Representatives Approves an Initiative to Amend the Hydrocarbons Law

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On March 26, 2021, the House of Representatives published an initiative from the executive branch to reform the Hydrocarbons Law (the “Draft of Reform”) in its Parliamentary Gazette....more

Jones Day

Mexico's Hydrocarbons Law: What Foreign Investors in Mexico Must Know to Protect Their Rights

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On March 26, 2021, Mexico President López Obrador sent a bill to Congress to modify the country's hydrocarbons law (the "Draft Bill"). Under the Draft Bill, (i) the granting of import, commercialization, and distribution...more

Mayer Brown

Mexico – Government Proposes Amendment to the Hydrocarbons Law

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On March 26, 2021, the Mexican House of Representatives published in the Parliamentary Gazette an initiative to amend certain provisions of the Hydrocarbons Law, an amendment directly proposed by President Andrés Manuel López...more

Morgan Lewis

Mexico Targets Foreign Investors in Oil and Gas Sector with Proposed Changes to Hydrocarbon Law

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Mexico’s President Andres Manuel Lopez Obrador introduced a legislative initiative on March 26 to reform Mexico’s Hydrocarbon Law (the Hydrocarbons Reform) that is aimed to impair investors in the sector. While the...more

White & Case LLP

Initiative to modify the Hydrocarbons Law

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On March 26, 2021, Mexican President Andrés Manuel López Obrador sent to the Chamber of Deputies the "initiative to modify the Hydrocarbons Law," (the "Initiative"). The Initiative intends to modify relevant aspects of...more

White & Case LLP

Amendment to the Administrative Provisions regarding Bidding for Exploration and Production Contracts of Hydrocarbons

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On December 17, 2020, the National Hydrocarbons Commission ("CNH") published in the Federal Official Gazette ("DOF") the Resolution CNH.E.50.002/2020 (the "Resolution"), by means of which the Administrative Provisions...more

White & Case LLP

Publication of relevant energy judicial criteria (Jurisdiction for COS validation and challenge of CRE and CNH acts)

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The Federal Judicial Branch published on August 14, 2020, on the Weekly Federal Judiciary, certain jurisprudence criteria related to the energy sector. In particular, the criteria relates to the jurisdiction of the District...more

Holland & Knight LLP

Demystifying Energy Investment Disputes in Mexico Through the New USMCA

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• Each of the three participating countries in the U.S.-Mexico-Canada Agreement (USMCA) is about to submit the new free trade agreement for its respective Congress' approval. • Some stakeholders have interpreted Chapter 8...more

Holland & Knight LLP

Mexico's National Hydrocarbons Commission Reschedules Oil Rounds and Farmouts

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• Mexico's new administration, led by President-Elect Andrés Manuel López Obrador, has promised to not rescind the energy reform of 2013, but to closely review the exploration and production (E&P) contracts already awarded to...more

Holland & Knight LLP

Mexico's Port Authority of Dos Bocas to Tender Oil and Gas Terminal, Two Facilities

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Tabasco is known for being one of Mexico's oil states, with a very developed industry and fields. As such, the federal Port Authority Dos Bocas (API Dos Bocas), located in the southeast of the Gulf of Mexico, has an...more

Holland & Knight LLP

Mexico Energy Regulatory Commission Waives Mandatory Open Season for NG Ducts

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Under Mexico's Hydrocarbons Law, permit holders for natural gas (NG) ducts are required to have a mandatory open season for expansions, extensions or the development of new systems. This provision keeps competition in NG...more

Bracewell LLP

Mexico’s National Hydrocarbons Commission (CNH) Issues Round One’s Third Bid For Onshore Fields

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Mexico’s National Hydrocarbon Commission (Comisión Nacional de Hidrocarburos) (“CNH”) announced on May 11 the terms for the third bid of Round One. Unlike the two earlier bids which covered 19 shallow water areas, the third...more

King & Spalding

Mexico: E&P Regulator Issues First Call for Bids under Round One

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The Comisión Nacional de Hidrocarburos (CNH) has issued the first call for bids under Round One and the terms and conditions (T&Cs) governing the tender. CNH seeks to award 14 production-sharing contracts for the exploration...more

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