Long-simmering tensions between government and business interests escalate in the run-up to the country’s biggest ever midterm elections.
Business groups are once again in a lather about the reform agenda of Mexican President Andres Manuel Lopez Obrador, or AMLO as he’s often referred to. The latest bone of contention is his wide-ranging plans to overhaul Mexico’s energy sectors. The energy reforms will enhance the powers of energy ministry Sener and regulatory commission CRE to review and cancel midstream and downstream permits. They will also expand the role of national oil company Pemex and state-owned electricity utility CFE (Federal Electricity Commission).