On August 9, 2022, the Energy Regulatory Commission (Comisión Reguladora de Energía, "CRE") published a new preliminary draft of "General Provisions that establish the procedure and.
On March 26, 2021, Mexico s president submitted to the Chamber of Representatives
(Cámara de Diputados) a bill to reform the Hydrocarbons Law (
Ley de Hidrocarburos or LH) (the LH Reform) that favors the state-owned company,
Petróleos Mexicanos (Pemex). The LH Reform will follow the standard course of discussion and approval. As such, it will be discussed in the Chamber of Representatives, and then, if approved, it will be passed to the Mexican Senate for discussion and approval. If approved, the president shall enact it through Mexico s
Official Federal Gazette (
Key Changes to the Oil and Gas Industry
The LH Reform seeks to strengthen state-owned energy companies (i.e., Pemex and