Election setback for Mexican president
Efforts to can Mexico’s historic energy reforms face further hurdles after government fails to sweep Congressional mid-terms
Mexican President Andres Lopez Obrador is scrambling to find the political support needed to pass a raft of energy reforms and constitutional changes after failing to win a two-thirds majority in the country’s mid-term elections. Lopez Obrador had hoped to extend his grip on Mexico’s lower chamber. But while his Morena party maintained its overall majority—in alliance with both the Workers’ and the Green parties—the tally will not be enough to push forward his nationalistic energy policy. “Andres Lopez will likely use his remaining political capital to pressure Congress into approving his legislation” Schiaffino, Verisk Maplecroft “The results of the election suggest he will have to

Also in this section
11 August 2025
The administration is pushing for deregulation and streamline permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy