A district judge has temporarily suspended with general effects the amendment to the Hydrocarbons Law eliminating PEMEX’s asymmetric regulation. Please see Legal Update at link below for all details.
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Vera de Gyarfas is a partner in Mayer Brown's Houston office and a member of the Oil & Gas industry group. She focuses her practice on transactions involving energy projects in Latin America and Africa. Vera represents companies engaged in all kinds of energy projects, handling negotiations of host government agreements as well as commercial agreements among companies in English, Spanish and Portuguese.
A district judge has temporarily suspended with general effects the amendment to the Hydrocarbons Law eliminating PEMEX’s asymmetric regulation. Please see Legal Update at link below for all details.
On May 4, 2021, the first amendment to Mexico’s Hydrocarbons Law was published in the Federal Official Gazette, with the legislative process having concluded on April 22, 2021, after a heated debate during a plenary session of the Senate (the “Amendment”).
The Amendment modifies core aspects of the permits necessary to perform midstream
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Another amendment to the Hydrocarbons Law has been approved, ending the power of the Energy Regulatory Commission to enforce asymmetric regulation in the hydrocarbon, petroleum products and petrochemical markets. The Legal Update at the link below explains the scope and implications of such proposed amendment.
The current government launched an attack against the electricity legal framework established by its predecessor. The new framework reflects a major change in policy concerning the participation of the private sector in Mexico’s electricity industry, which could endanger billions of dollars in investments, the creation of thousands of jobs and could result in the emission…
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The House of Representatives approved the draft of an initiative to reform the Hydrocarbons Law with minor modifications notwithstanding the antitrust watchdog (COFECE) opinion. The Senate’s approval is next.
For more details on the approval and the next steps, see our legal update.
On March 26, 2021, the Mexican House of Representatives published in the Parliamentary Gazette an initiative to amend certain provisions of the Hydrocarbons Law, an amendment directly proposed by President Andrés Manuel López Obrador.
This Legal Update details the content of such initiative and the next steps for its approval.
A federal district court suspends, with general effects, President López Obrador’s amendments to the Electricity Industry Law.
This Legal Update details the content of the decision on the injunction or amparo.