Is Amlo a threat to Mexico's oil opening?
The industry fears a López Obrador victory in July's presidential election could derail the country's reforms
The biggest threat hanging over Mexico's historic energy reforms is the rise of leftist presidential candidate Andrés Manuel López Obrador, widely known as Amlo, who has been a harsh critic of opening up the sector to foreign investors. Amlo's critics warn that a victory in July's presidential election will derail the reforms and could bring a Hugo Chávez style renationalisation of the industry. In a coordinated media blitz over the past couple of weeks, some of Amlo's top advisors have sought to soften the edges of the candidate's opposition to the reforms and tame industry fears over his possible victory. "It would be an error for the next administration to cancel all that has been accompl
Also in this section
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America






