On August 12, Mexican President Enrique Peña Nieto announced a major energy reform. COA Director of Energy Christian Gómez explores reactions and what lies ahead.
AS/COA’s Eric Farnsworth calls the reforms a “fundamental shift in terms of Mexican political opinion” at allowing international companies to invest in the country's oil and gas industry.
The recently announced energy reform plan offers investment opportunities to further hydrocarbon exploration while ensuring PEMEX remains in the hands of the Mexican State, writes COA's Christian Gómez.
Enrique Peña Nieto presented the plan on August 12, including constitutional changes that pave the way for increased private investment in Pemex.
At COA’s conference in El Paso, Texas, experts in cross-border relations discussed the need to facilitate trade between the two countries.
Renewable energy projects in the region increasingly gain funding, though challenges remain, such as balancing cost and stability of supply.