As part of a package of new climate change legislation, on October 7, 2023, California Governor Gavin Newsom signed into law the Voluntary Carbon Market Disclosures Act (“VCMDA” or “AB 1305”). Intended as an effort to reduce...more
On December 7, 2022, the Peruvian Congress was scheduled to call an impeachment vote against President Pedro Castillo on corruption charges. Hours before, the Peruvian President addressed the country in a surprise televised...more
Last year King & Spalding issued an informative note regarding a new bill (“LIE Bill”) in the power sector introduced by Mexico’s President Andrés Manuel López Obrador (“AMLO”) that, after a fast-track congressional vote,...more
On March 26, 2021, the President of Mexico, Andrés Manuel López Obrador (“AMLO”), sent a new bill to Congress intended to amend the Federal Hydrocarbons Law (the “Hydrocarbons Bill”). This is AMLO’s latest attempt to upend...more
3/31/2021
/ Energy Sector ,
Exports ,
Foreign Investment ,
Hydrocarbons ,
Imports ,
Mexico ,
Oil & Gas ,
PEMEX ,
Proposed Legislation ,
State-Owned Enterprises ,
Trade Policy
On March 2, 2021, and after a short-lived debate, the Mexican Federal Senate approved a bill that will modify Mexico’s Electricity Industry Law, effectively reversing rights granted to private investors in that sector (the...more