News & Analysis as of

Mexico Oil & Gas

Ballard Spahr LLP

Cracking Down on CJNG: FinCEN’s Alert and OFAC’s Strategic Sanctions on Oil Smuggling

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In a significant move to curb illegal activities at the U.S. Southwest border, the Financial Crimes Enforcement Network (FinCEN) issued an alert, on May 1, 2025, concerning oil smuggling from Mexico into the United States,...more

DLA Piper

US Treasury Takes on Cartels Part Deux: Combating Cartel-Connected Oil Smuggling Schemes

DLA Piper on

The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of Foreign Assets Control (OFAC), the US Drug Enforcement Administration (DEA), the Federal Bureau of...more

Troutman Pepper Locke

Crude Crimes: Treasury Warns on Oil Smuggling and Money Laundering

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The Treasury Department has taken initial steps to implement the Trump administration’s “total elimination” policy directed at certain drug trafficking cartels. Most recently, on May 1, Treasury’s Financial Crimes Enforcement...more

Holland & Knight LLP

Mexico's Energy Secretary Resumes Deadlines and Timeframes for CNH Matters

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The Ministry of Energy (Secretaría de Energía or SENER) published on April 29, 2025, in the Federal Official Gazette, the "Agreement resuming the deadlines and terms for the reception and proceeding on matters within the...more

American Conference Institute (ACI)

[Event] Trade & Sanctions Compliance for the Oil and Gas Industry - May 21st - 22nd, Houston, TX

Between tariffs, tightening export controls, evolving sanctions, and ramped up enforcement, the cost and complexity of compliance is rising for oil and gas supply chains. ACI’s Trade & Sanctions Compliance for the Oil and...more

Holland & Knight LLP

México publica reformas y actualizaciones en la normativa energética

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México publicó reformas y actualizaciones a diversas leyes y regulaciones energéticas, como se describe a continuación. Simplificación fiscal al régimen fiscal de PEMEX. Ahora PEMEX sólo está obligada a pagar el Derecho...more

Troutman Pepper Locke

Unprecedented "Secondary Tariffs" for Oil Trade With Venezuela

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On April 2 — labeled “Liberation Day” by President Trump — the Trump administration is set to add a new sanctions-like boost to its tariff strategy, with a threat to impose unprecedented “secondary tariffs” of 25% on “all...more

Latham & Watkins LLP

White House Announces New Tariffs on Countries That Import Oil From Venezuela

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The tariff landscape continues to shift. On April 2, 2025, the current pause on tariffs for many Mexican and Canadian imports is set to expire, while tariffs on all countries importing Venezuelan oil are set to take effect....more

American Conference Institute (ACI)

[Event] 19th Annual Flagship Conference on Economic Sanctions Enforcement and Compliance - April 30th - May 1st, Washington, DC

With unprecedented change and intensifying enforcement, now is the time to ensure your team is prepared for what’s ahead. Ensure that you don’t miss out on critical U.S. and international economic sanctions updates and the...more

White & Case LLP

New Energy Laws

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1. Introduction - As a result of the constitutional reforms regarding strategic areas and companies, as well as organizational simplification, which came into effect at the end of 2024, the following new energy laws were...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

Ejecutivo Federal de México presenta iniciativas de ley en materia energética

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Fue publicada en la Gaceta del Senado de la República de México el oficio con que se remite, el día 5 de febrero de 2025, la Iniciativa con Proyecto de Decreto (Iniciativa) por el que se expiden: Dicha Iniciativa fue turnada...more

Mayer Brown

Mexican Independent Regulatory Agencies in the Energy Sector to Be Absorbed by Ministry of Energy

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On December 20, 2024, Mexico amended its Constitution to pass control of the energy sector from two independent regulators to its executive branch. Before this reform, the Energy Regulatory Commission (CRE) and the National...more

King & Spalding

The Trifecta: What to Expect from a Second Trump Administration and a Republican Congress

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Republicans have swept the 2024 elections, returning Donald Trump to the White House as the 47th President and flipping the Senate to a Republican majority. Having narrowly maintained control of the House of Representatives,...more

White & Case LLP

Modification of the guidelines regulating the issuance of import and/or export Permits for hydrocarbons and petroleum products

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On September 18th, the "Agreement Amending the One that Establishes the Goods Whose Import and Export are Subject to Regulation by the Ministry of Energy" (the "Agreement") was published in the Official Gazette of the...more

Holland & Knight LLP

Agreement Modifies Imported and Exported Merchandise Regulated by SENER in Mexico

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The Mexican Ministries of Economy (Secretaría de Economía or SE) and Energy (Secretaría de Energía or SENER) on Nov. 6, 2023, published in the Official Gazette of the Federation (Diario Oficial de la Federación or DOF), the...more

White & Case LLP

Mexico Issues Decree establishing measures to combat the illicit fuel market, related to the importation of goods regulated by...

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On October 23, 2023, the Mexican Executive published in the Federal Official Gazette the "Decree establishing measures to combat the illicit market of fuels, related to the importation of goods regulated by SENER" ("Decree")....more

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for August 2023

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

Hogan Lovells

Restablecimiento de Medidas Asimétricas a Pemex en Ventas de Primera Mano y Comercialización

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El 15 de junio de 2023, la Suprema Corte de Justicia de la Nación otorgó un amparo a diversas empresas que implica el restablecimiento de medidas asimétricas que fueron impuestas por la Comisión Reguladora de Energía (“CRE”)...more

Hogan Lovells

ASEA publica proyecto de nueva NOM para almacenamiento de Gas LP

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El Proyecto de nueva Norma Oficial Mexicana pretende regular aspectos relacionados con las instalaciones de almacenamiento de Gas LP....more

Jones Day

Mining Reform in Mexico: Principal Amendments, Effect, and Implications for Foreign Investors

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In Short - The Background: On May 8, 2023, Mexico published several amendments to laws relating to the country's mining industry. ...more

Holland & Knight LLP

Power Supply Options for New Investments in Mexico: An Overview

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With global supply chains under stress and economic growth slowing down, localization of new investments has become an increasingly popular way to reduce costs. Mexico's geographical position is privileged in a number of...more

White & Case LLP

United States and Canada Request Consultations Over Mexico's Energy Policies Under USMCA

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On July 20, 2022, the United States requested consultations with Mexico under the Dispute Settlement chapter of the United States-Mexico-Canada Agreement (USMCA), arguing that several of Mexico’s energy policies are...more

Akin Gump Strauss Hauer & Feld LLP

Proposed Constitutional Reform in Mexican Power Sector

On October 1, 2021, Mexico’s President Andrés Manuel López Obrador submitted to the House of Representatives a bill to amend the Mexican constitution in respect of the electric power sector. The bill aims to reassert the...more

Jones Day

2021 Mexican Constitutional Reform Bill: Proposed Changes for Foreign Investors in the Electricity Sector

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On September 30, 2021, Mexican President Andrés Manuel López Obrador sent the Reform Initiative to the House of Representatives and the United Commission of Constitutional and Energy Matters for review and plenary voting....more

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