• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days They pay YOU to TAKE Natural Gas
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 4 days What fool thought this was a good idea...
  • 6 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 2 days A question...
  • 13 days The United States produced more crude oil than any nation, at any time.
Editorial Dept

Editorial Dept

More Info

Global Energy Advisory – 18th April 2014

Delays Ahead for Mexico Energy Reforms

Implementation of Mexico’s much-awaited sweeping energy reforms is likely to be delayed as lawmakers grapple with secondary legislation that is trying to make its way through a current congressional session, which ends on 30 April. The latest news is that the lawmakers may need “extra weeks” to pass the secondary laws, which have yet to be presented in the session. In December, Mexico’s Congress approved sweeping energy reforms that will end state-run Pemex’s monopoly on crude oil production. Once the details of the reforms are in place, we could be looking at significant new streams of private investment into the country’s energy sector. Originally, the secondary legislation for the reforms was scheduled to be approved by 20 April.      

US State Energy Legislation Updates

•    Minnesota has seen three new bills introduced, with measures to boost the state’s emergency response to crude oil transportation disasters. The measures call for a grant program for hazard incident preparedness to be funded with $5 million in new fees assessed on railroads and pipeline companies. The measures would also require railroads to regularly notify local officials about oil train movements and to improve grade crossings and add state track inspectors.

•    The Ohio Environmental Protection Agency (OEPA) has passed new requirements aimed at reducing air pollution from shale oil and gas development. Under the new policy, operators…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News