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Mexican President, Andres Manuel Lopez Obrador
Mexico Politics
Vincent Lauerman
3 May 2024
Follow @PetroleumEcon
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Mexico’s election could evolve oil nationalism

Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies

Andres Lopez Obrador has caused an earthquake in Mexican politics since winning the presidential election in June 2018. And despite his left-wing, populist social policies being much more successful than his nationalistic energy ones, his protege, Claudia Sheinbaum, and their political party, Morena, are well-placed to dominate the presidential, congressional and gubernatorial elections on 2 June. In an attempt to slow the Morena juggernaut, the three main political parties from Mexico’s past—the left-wing PRD, centrist PRI and right-wing PAN—are fielding a single presidential candidate, Xochitl Galvez. Nevertheless, Sheinbaum is ahead by 29 percentage points, at 61% support, based on the Bl

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Trump’s energy report card
11 August 2025
The administration is pushing for deregulation and streamline permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
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The great OPEC+ reset
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
Latest EU sanctions largely toothless
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

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