Life with Amlo
Mexico's upstream has boomed in recent years, and a bullish new president wants to drive growth
Mexico's presidential election this July saw leftist candidate Andrés Manuel López Obrador, popularly known as Amlo, sweep to victory. While long expected, his decisive winning margin has given the oil industry pause as it digests the implications for Mexico's five-year-old Energy Reform program. That market-friendly program is widely judged to have been a success from upstream to retail. The industry is now waiting to see whether Amlo will put on the brakes or let it take its course as his vow to raise oil output by 600,000 barrels a day within two years suggest he might. Analysts and oil industry officials believe that the months until the new president's inauguration on 1 December will cl
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