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Energy Plans Derail Political Accord in Mexico

Wall Street Journal Original article ›

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Mexico's history from the period of nationalization by Cardenas in 1938 and changes to the constitution under president Nieto in 2013

08/13/2013

Pena Nieto's effort to navigate the difficult waters of Mexican politics and public sentiment to modernize Pemex operations with technology from major oil companies. The changes to the constitution requiring a two thirds majority is made possible by prior agreement with the opposition PAN party. A majority of public opinion, about 65% according to some polls, is opposed to the changes. Passage is made easier by making agreements similiar to Malaysia, Iraq and other countries, with Mexico not giving ownership to foreign oil companies, only paying for a portion of the oil in production sharing agreements.

Grouped Articles

Mexican president proposes historic changes to state-owned Pemex oil monopoly - The Washington Post

Washington Post 08/13/2013

Mexican oil workers fear Pemex proposal - The Washington Post

Washington Post 08/15/2013

Mexico Pitches Oil Sector Overhaul to Skeptical Audiences

Wall Street Journal 08/14/2013

Traveling on the Road to Mexico's Oil Revival

Wall Street Journal 08/13/2013

Mexico's Pemex Looks to Tap U.S. Shale

Wall Street Journal 08/18/2013

Energy Plans Derail Political Accord in Mexico

Wall Street Journal 11/30/2013

Mexico's oil law and the limited foreign investment in the oil industry

10/01/2012

Efforts by the Pena Nieto administration to change the oil law from the period of nationalization in 1938 which limits foreign investment in the oil industry. Mexico needs foreign investment to increase oil exploration and production.

Grouped Articles

Mexico's Leader Tackles Historic Oil Law

Wall Street Journal 08/02/2013

Mexico Moves to Overhaul Oil Industry

Wall Street Journal 08/13/2013

Mexican president proposes historic changes to state-owned Pemex oil monopoly - The Washington Post

Washington Post 08/13/2013

Mexico Pitches Oil Sector Overhaul to Skeptical Audiences

Wall Street Journal 08/14/2013

Traveling on the Road to Mexico's Oil Revival

Wall Street Journal 08/13/2013

How Mexico Ended Political Gridlock

Wall Street Journal 08/15/2013


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