Under proposed legislation to implement Mexico’s energy reforms, Pemex will remain a privileged state operator supporting exploration and production in most of the country's proven onshore and shallow water fields. It is not known if energy reform will effectively turn Pemex into a firm able to compete without policy bias against private investors.
By Isidro Morales
Contributing Expert and Scholar, Mexico Center
June 13, 2014, 9:22 a.m.