On August 9, 2022, the Energy Regulatory Commission (Comisión Reguladora de Energía, "CRE") published a new preliminary draft of "General Provisions that establish the procedure and requirements to obtain the authorization...more
On February 17, 2022, the Ministry of Economy and Ministry of Energy published in the Federal Official Gazette (the "DOF") the "Resolution that abrogates the resolution that suspends all the consequences derived from the...more
On September 30, 2021, Mexican President Andrés Manuel López Obrador sent to the Chamber of Deputies an "Initiative with a draft of decree amending articles 25, 27 and 28 of the Political Constitution of the United Mexican...more
On May 19, 2021, the Mexican President Andrés Manuel López Obrador published in the Federal Official Gazette1 the "Decree amending the thirteenth transitory article of the Hydrocarbons Law" (the "Reform"), in order to...more
Following our client alert published on March 30, 2021, the "decree by which several provisions of the Hydrocarbons Law are amended and added" (the "Reform") was published on May 4, 2021 and entered into effect on May 5,...more
On April 23, 2021, the Decree amending, adding and repealing several provisions of the Federal Labor Law, the Social Security Law, the Law of the National Workers' Housing Fund Institute, the Federal Tax Code, the Income Tax...more
On February 25, 2021, the National Agency for Industrial Safety and Environmental Protection of the Hydrocarbon Sector ("ASEA")1 published the "General administrative provisions that establish the Guidelines regarding the...more
On February 1, 2021, Mexican President Andrés Manuel López Obrador sent to the Chamber of Deputies the "Preferential treatment initiative to modify the Electricity Industry Law," (the "Initiative").
The Initiative would...more
Following our client alert published on November 17, 2020, it is informed that the Resolution that establishes the products whose import and exports is subject to regulation by the Ministry of Energy (the "Resolution") was...more
On December 17, 2020, the National Hydrocarbons Commission ("CNH") published in the Federal Official Gazette ("DOF") the Resolution CNH.E.50.002/2020 (the "Resolution"), by means of which the Administrative Provisions...more
On December 1, 2020, the Ministry of Economy ("SE") and the Ministry of Energy ("SENER") published the preliminary draft (the "Preliminary Draft") of the Resolution that establishes the products whose import and export is...more
Following our client alert published on October 12, 20201, described below are the projects announced in the Second Infrastructure Investment Plan, which includes 29 new projects, representing a total amount of MXN $228...more
Agreement for Economic Reactivation -
On October 5, 2020, President Andrés Manuel López Obrador, together with the Business Coordinating Council, executed the Agreement for Economic Reactivation (hereafter the "Plan"),...more
On July 29, 2020, the Board of Commissioners of the Energy Regulatory Commission ("CRE") approved the "Regulatory Program 2020" (the "Regulatory Program") by means of Resolution No. A/024/2020. The Regulatory Program is a...more
On August 3, 2020, the National Hydrocarbons Commission (the "CNH") published through the Federal Official Gazette, the resolution whereby the CNH establishes several measures in order to promote the development of petroleum...more
8/7/2020
/ Coronavirus/COVID-19 ,
Energy Sector ,
Force Majeure Clause ,
Hydrocarbons ,
Mexico ,
National Hydrocarbons Commission (CNH) ,
New Regulations ,
Oil & Gas ,
Petroleum ,
Public Health Emergency ,
Suspension Clause
On July 8, 2020, the Ministry of Energy ("SENER") issued through the Federal Official Gazette, the Energy Sector Program (Programa Sectorial de Energía) 2020-2024 (the "PROSENER"). PROSENER is a planning instrument derived...more
7/16/2020
/ Electricity ,
Energy Sector ,
Energy Storage ,
Federal Electricity Commission (CFE) ,
Hydrocarbons ,
Mexico ,
Oil & Gas ,
PEMEX ,
Power Plants ,
Regulatory Agenda ,
Renewable Energy
As part of the First Resolution of Modifications to the Miscellaneous Tax Resolution for 2020 published on May 12, 2020, a new rule was added (Rule 13.3.), in which the Revenue Service Administration ("SAT") suspended the...more
Listed below are the preventive measures issued by federal and local authorities for the mitigation and control of the SARS-CoV2 pandemic (COVID-19) in Mexico....more
The constitutional energy reform of 2013 allowed private participation in the entire hydrocarbons value chain (i.e., storage). Likewise, this energy reform was aimed at increasing energy security and the timely and sufficient...more
On September 26, 2019, President Andrés Manuel López Obrador, together with the private sector, presented the National Investment Agreement in Infrastructure by the Private Sector (the "Agreement"). As the first bundle of the...more
The Mexican Congress approved with some adjustments the Tax Bill presented by the President on September 8, 2019, that included a proposal of Decree through which various provisions of the Income Tax Law, the Value Added Tax...more
11/8/2019
/ Anti-Avoidance ,
BEPS ,
CFCs ,
Controlled Foreign Corporations ,
Criminal Code ,
EBITDA ,
Foreign Entities ,
Foreign Investment ,
Hybrid Capital Instruments ,
Income Taxes ,
Mexico ,
OECD ,
Private Equity ,
REIT ,
Repeal ,
Tax Code ,
Tax Credits ,
Tax Crimes ,
Tax Incentives ,
Tax Reform ,
Value-Added Tax (VAT)
On April 24, 2019, Pemex's Chief Executive Officer, Octavio Romero Oropeza, as a measure to comply with the presidential instruction of producing more than two million 400 thousand daily barrels by the end of the six-year...more
5/11/2019
/ Energy Exploration ,
Foreign Investment ,
Investment Opportunities ,
Mexico ,
Oil & Gas ,
PEMEX ,
Public Bidding ,
Request for Proposals ,
Resource Extraction ,
Risk-Sharing ,
Tariffs