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Oil & Gas Energy Reform Mexico

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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

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

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

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

Holland & Knight LLP

Energy Reform in Mexico

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Mexican President Andrés Manuel López Obrador (AMLO), on Sept. 30, 2021, sent to Congress a constitutional reform proposal relating to Mexico's energy sector (the Proposal). For now, the Proposal consists of a few...more

Mayer Brown

Mexico – CRE Fixes Maximum LP Gas Prices after SENER Issues Emergency Guideline

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After a brief review before the Federal Regulatory Improvement Commission (Comisión Nacional de Mejora Regulatoria, “CONAMER”), on July 28, 2021, the Ministry of Energy (Secretaría de Energía, “SENER”) published in the...more

Mayer Brown

Mexico - District Judge Suspends Amendment of Hydrocarbons Law That Repealed PEMEX’s Asymmetric Regulation

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On May 31, 2021, Judge Juan Pablo Gómez Fierro of the Second District Court for Administrative Matters, specialized in Economic Competition, Broadcasting and Telecommunications ("District Judge"), suspended the amendment to...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

New Mexican Power Regulatory Framework – Defense Mechanisms Available to Investors

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The current administration has sustained an attack against the electricity legal framework established by its predecessor. The new framºework reflects a major change in policy concerning the participation of the private...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

Holland & Knight LLP

Mexico Discusses to Revoke Asymmetric Regulation to Pemex

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On April 20, 2021, the Mexican Energy Commission of the Chamber of Representatives (Comisión de Energía de la Cámara de Diputados) held an extraordinary session to present and approve on the same day a bill to reform the...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

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

Mayer Brown

Mexico – Court Suspends Amendment to the Electricity Industry Law

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Just two days following the controversial publication of the bill to amend the 2014 Electricity Industry Law (the "Amendment"), District Court Judge Juan Pablo Gómez Fierro, specialized in administrative, antitrust and...more

Mayer Brown

Mexico – New Hydrocarbon and Fuel Import and Export Rules Officially Suspended

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On March 3, 2021, the Resolution That Establishes the Goods Whose Import and Export Are Subject to Regulations Issued by the Ministry of Energy (the “Resolution”) was officially suspended through a resolution published in the...more

Mayer Brown

Mexico – Senate Approves Amendment of Mexico’s Electricity Industry Law

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Following the House of Representatives discussion and approval of the draft Amendment of the Electricity Industry Law proposed by President Andrés Manuel López Obrador on February 1, 2021 (the “Amendment”), on March 03, 2021,...more

Mayer Brown

House of Representatives Approves the Amendment of Mexico’s Electricity Industry Law

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On February 23, 2021, the House of Representatives discussed and approved the draft of the Amendment of the Electricity Industry Law proposed by Mexico President López Obrador on February 1 (the “Amendment”), with a total of...more

Mayer Brown

Mexican Court Suspends New Hydrocarbons and Fuels Import and Export Rules Enacted by Ministry of Energy

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On February 16, 2021, in an amparo proceeding, a Mexican court specializing in economic competition issued a provisional suspension of the Resolution That Establishes the Goods Whose Import and Export Are Subject to...more

A&O Shearman

Recent Regulatory Developments in the Mexican Power Sector

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Following Mexico’s energy regulatory reforms that began at the end of 2013 and were championed by the prior administration of former President Enrique Peña Nieto, foreign investment in the energy sector in Mexico flourished,...more

Holland & Knight LLP

Mexico's President-Elect Outlines New Administration's Energy Strategy

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Mexico's energy reform of 2013 opened both of the country's energy sectors: Oil and gas as well as electricity. As the industry moves to take advantage of the new market opportunities, a new administration is set to take over...more

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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

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