Investor Anticipation: President Nieto Signs Landmark Energy Reforms
Posted on 08/13/2014
On August 12, 2014, Mexican President Enrique Peña Nieto signed vital energy legislation that eliminates state-owned Petroleos Mexicanos’ (PEMEX) monopoly on energy production. PEMEX held this monopoly since 1938. President Nieto reiterated the Latin American country will create steps to draw the first round of private contracts. In fact, according to government figures, private investment […]
