• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 12 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 1 day "False Flag Planted In Nord Stream Pipeline, GFANZ, Gore, Carney, Net Zero, U.S. Banks, Fake Meat, and more" - NEWS in 28 minutes
  • 3 days ""Green" Energy Is a Scam. It Isn't MEANT to Work." - By James Corbett of The Corbett Report
  • 1 day Wind droughts
  • 8 days Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 2 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 12 hours Australian power prices go insane
  • 4 days Xi Is Set To Be Re-Elected As China’s Leader
  • 3 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 1 day Europeans and Americans are beginning to see the results of depending on renewables.
  • 12 days Oil Prices Fall After Fed Raises Rates
Editorial Dept

Editorial Dept

More Info

Sweetening the Deal for Foreign Investors in Mexico

Bottom Line: As Mexico proceeds towards oil and gas liberalization and the modernization of state-run Pemex, it’s taking steps to lure in private companies by lifting restrictions on registering the value of contracts with the US Securities and Exchange Commission—the attractive notion of booking reserves.  

Analysis: Mexican President Enrique Pena Nieto’s plan is to get rid of these restrictions and replace contract values reported to the US SEC with values that would be converted into volume and acknowledged on balance sheets. What this means, essentially, is that US companies (think ExxonMobil) would be able to book reserves, which would make it easier to raise financing. It gives potential investors a better idea of where money is being spent and what production will look like further down the road. This means that risk-sharing is registered with the SEC as an economic interest. It’s great for the balance sheet.

Recommendation: Mexico’s goal here is to make the president’s proposed profit-sharing deal attractive enough to ensure foreign interest in the project. The effect will have to be immediate because a lot is at stake here. We’re talking about ending a 75-year state monopoly on oil and gas exploration and production in Mexico. It won’t work unless there are enough incentives or foreign investors. The Mexican president is looking to have this approved by the end of the year. Who’s interested already?…




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