Mexican Energy Reform: Emerging Issues in the Upstream Sector

Any opinions in this article are not those of Winston & Strawn or its clients. The opinions in this article are the author’s opinions only.

Oil and gas attorney Francisco Flores co-authored the InsideCounsel article “Mexican Energy Reform: Emerging Issues in the Upstream Sector” published July 31, 2015. Denmon Sigler, Fernando Eraña, and Mariano Ornelas also contributed to the article.

On December 20, 2013, the Mexican Constitution was amended to enact comprehensive energy reform, including allowing private investment in the oil and gas sector. On August 12, 2014, a set of regulations intended to implement the constitutional reform came into effect. The regulations consisted of nine new statutes and amendments to 12 existing statutes. The Hydrocarbons Law was one of the new statutes, and it regulates various aspects of the oil and gas sector, including upstream activities.