International

Mexico’s president is reversing energy reforms, hurting his country’s oil production – and the U.S.

Posted on · President Andrés Manuel López Obrador is using administrative measures to undermine the free-market reforms enacted in 2013. As a result, Mexican oil production is now more than 1 million barrels short of where the U.S. Energy Information Administration projected it would be if the reforms were fully implemented.

Houston Matters

How Did Mexico’s First Offshore Oil Auction Fare, and What Does That Mean for Success of Country’s Reform?

Posted on · Earlier this month, Mexico held its first in a series of auctions of offshore oil leases. These auctions are part of the country's bigger energy reform that's opening the oil and gas industry to outside investors for the first time in nearly eight decades. The first auction fell short of many industry expectations, with only […]