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Oil and Prosperity: Reforming Mexico's Petroleum Monopoly

Oil and Prosperity: Reforming Mexico's Petroleum Monopoly
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Black Gold

Resource extraction: the incendiary new Brazilian film Dry Ground Burning is the latest entry in a small canon of lo-fi insurrectionary speculative fables ....

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Brazil inches ahead with plan to tax crude oil exports, create fuel price fund | Hellenic Shipping News Worldwide

Brazil inched toward potentially imposing a tax on crude oil exports as part of a broader move aimed at insulating Latin America’s largest economy from international oil and refined product price volatility, including a price-stabilization fund for domestic diesel, gasoline and LPG. The Senate Economic Affairs committee passed the measure implementing the tax and fuel . ....

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Lessons from Mexico: Pushing for better and faster O&G project implementation in Africa (By Andres Vega) - Afrik-news.com : Africa news, Maghreb news

Once one of the world s biggest producers, Mexico has had a sweet and sour relationship with the upstream industry. In my experience working in the Mexican O&G industry, I witnessed the transition of a nationalized industry, once described by Juan Pardinas, former director of the Mexican Institute on Competitiveness, as hermetically sealed and on par with that of North Korea [1], to an industry allowing the participation of foreign investment. It has been quite an experience to witness such a rapid movement in an industry where nothing occurred (from a regulatory standpoint) for more than 70 years.
After so many years of stagnancy, the 2013 Mexican Administration pushed for a quick reform and a faster implementation to catch up with the global industry and call upon international investors. In a relatively short period, these efforts resulted in the awarding and performance of 111 exploration and exploitation contracts. While the framework is not perfect, perhaps some of t ....

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