Pemex Remains a Tough Challenge for Reformers in Mexico

January 25, 2016

AUSTIN — Mexico’s reformers found a measure of early success with energy reform in 2015, but ahead of them lies what might be their toughest challenge yet: turning around the country’s bloated national oil company, Petróleos Mexicanos.

Pemex is a stranger to competition, having enjoyed a 76-year monopoly over Mexico’s oil and gas industry that many experts say have eroded the company’s efficiency and saddled it with far flung investments.

The Houston Chronicle, Jan.12, 2016

Featuring: Jorge Piñon, Director, Latin America and Caribbean Program, Jackson School of Geosciences