Pemex’s Losses Deepen Mexico’s Financial Woes
September 1st, 2020
Via STRATFOR (subscription required), a short report on Pemex: Mexican President Andres Manuel Lopez Obrador’s failure to strengthen Pemex’s finances and shore up domestic oil production will exacerbate Mexico’s public finance woes from COVID-19. On Aug. 24, Mexico’s state-owned energy giant Pemex reported its lowest level of monthly crude oil production since 1979, with the company’s […]
Read more »Mexico’s Pemex: From Cash Cow To Resource Drain
May 5th, 2020
Courtesy of The Financial Times, a look at Pemex: At the end of 2016, Pemex came up with a new strategy: it would focus exclusively on profitable activities. The plan, a no-brainer for most businesses, was a novelty for Mexico’s state oil company, a national champion created in 1938 after Mexico expropriated US and UK […]
Read more »Mexico’s Crude Capitalism
October 5th, 2015
Courtesy of Foreign Policy, a look at Mexico’s new model of Latin American energy policy: When, in 2013, Mexican President Enrique Peña Nieto announced a broad reform package that would end the government’s monopoly over the country’s oil sector, his argument was fairly straightforward: Foreign investment could be just the thing to reverse a decade […]
Read more »Mexico’s Energy Industry Gushes With Investment Opportunity
January 1st, 2015
Courtesy of The Financial Times, a look at Mexico’s hydrocarbons sector: Mexico’s government recently passed reforms repealing important limitations on oil and gas ownership introduced in 1938.While these reforms will reshape Mexico’s energy industry over the next few years, they will also bring about investment opportunities in the energy industry throughout the rest of Latin […]
Read more »Mexico: Coca-Cola’s Billion-Dollar-A-Year Fizz
July 17th, 2014
Via the Financial Times, an article on Coca Cola’s plans for the Mexican market: Investment in Mexico: it’s the real thing. Coca-Cola’s announcement that it will pour $1bn into the country every year until 2020 is just the latest in a string of recent big-ticket spends in a country where manufacturing is leading the country […]
Read more »Mexico Opens Up Energy Sector
August 12th, 2013
Courtesy of The Financial Times, a report on Mexico’s decision to open up its energy sector: President Enrique Peña Nieto has unveiled plans to change Mexico’s constitution and open up the country’s energy sector to foreign investors for the first time in 75 years, a move that could unleash billions of dollars of investment from […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.