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ARTICLE · 10 JANUARY 2019

Mexican Energy At A Crossroads

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AMLO rose to prominence in Mexican politics over the past 20 years by espousing socialistic and nationalist policies. His focus on the needs of the general population and how globalisation

MexicoEnergy and Natural Resources
Akin Gump Strauss Hauer & Feld LLP
Akin Gump Strauss Hauer & Feld LLP
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AMLO rose to prominence in Mexican politics over the past 20 years by espousing socialistic and nationalist policies. His focus on the needs of the general population and how globalisation and the opening of Mexico's energy sector to increased foreign investment has failed the working poor has made him a beacon of hope for the masses and a champion of national pride.

His election comes at an interesting time for Mexico given that the administration of President Enrique Peña Nieto instituted historical changes with the increased involvement of the private sector in hydrocarbon exploitation and exploration.

President Peña Nieto's policies also transformed the operations of Petróleos Mexicanos (Pemex), Mexico's national oil company, and Comisión Federal de Electricidad (CFE), its national electricity company.

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