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Major upstream decline threatens Mexico’s energy security
Dire crude projections and heavy debt burden are weighing heavily on NOC Pemex
Mexico’s energy ambitions weigh heavily on Pemex
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
Mexico’s new president faces fiscal crunch
While greater focus on decarbonisation is likely, economic pressures and huge debt burden could squeeze energy policy ambitions
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
Mexico’s fledgling LNG export industry faces growth challenges
While developers are making progress, infrastructure, regulatory and political uncertainties risk stunting opportunities
Optimism grows around Mexican upstream
Things are looking up for exploration and production in Mexico, with new finds and developments set to boost output in coming years
Global LNG analysis report 2023 – Part 4
The fourth and final part of this deep-dive analysis looks at LNG projects planned or underway across the Americas
Pemex to struggle with ambitious targets
The latest five-year plan compounds pressure on the already financially handicapped NOC
Mexico aims for Atlantic Basin FLNG success
Rapid development of significant GoM gas deposit may yet be outpaced by a quicker pipeline solution
Woodside sees long-term future for LNG
CEO Meg O’Neill is positive about the prospects for gas as the energy transition gathers pace
Mexico Pemex
Justin Jacobs
2 October 2017
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Mexico's reforms start to bear fruit

Mexico's energy overhaul is notching up successes after a slow start

Mexico's first international oil auction in July 2015, a landmark moment in the country's energy reforms, was widely panned as a failure. Just two of the 14 blocks put up for bidding garnered winning bids. The world's major international oil companies (IOCs), whose know-how and cash Mexico was desperately seeking, largely gave the round a pass. Even the most ardent reform supporters had to admit it was an inauspicious start. The critics were too hasty. Two years on, their dim judgement needs revising. The first exploration well to come out of that round was completed in July and it was a blockbuster. Talos Energy, a private-equity backed Gulf of Mexico explorer, said its Zama-1 well, drilled

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