How is Pemex adapting to the new energy reform?
With the reshaping of the energy sector opening up the industry to new investment, anticipation around how the reform will expand Mexico’s hydrocarbons reserves and push production upwards has been building. So far, important oil and gas discoveries – both by major oil firms as well the state-owned firm Petróleos Mexicanos (Pemex) – has...
With the majority of investments coming into the sector through the energy reform, and with the results of this expected to manifest in the medium term, one segment of the market is already seeing an unprecedented level of change. Liberalisation in the downstream petroleum distribution market, part of the ongoing reforms to the energy sector...
How will the second electricity auction lead to increased efficiency in the renewables sector?
Over the past decade, commodities have experienced a bumpy road across the board. The fall in global prices in 2012 followed by the newly imposed royalty tax in 2014 and an increasingly unpredictable security situation in many of Mexico’s northern states severely impacted the industry. However, a spike in commodities prices throughout 2017 and...
Performance in Mexican industry is heavily dependent on the particular segment in question and its current economic position. The automotive and aeronautics manufacturing sectors, concentrated mostly in the Bajío region of Mexico in the states of Querétaro and Guanajuato, are driving demand for inputs like light-weight polymers, while strong growth in agro-industry across different regions of...
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