Publish in Perspectives - Wednesday, February 19, 2020
Talos Energy rig in Zama oil field. Talos and Pemex disagree on how participation in the unitized field should be distributed and which one of the two should be the operator of the unitized field. (Photo: Talos Energy)
Hunt Buckley and Larry Pascal, Haynes and Boone. (Latinvex collage)
Govt reverses direction of energy reform before its full effects could be quantified and felt.
BY HUNT BUCKLEY
AND LARRY PASCAL
The 2020 outlook for general economic growth in Mexico continues to be soft, although some positive developments, such as the implementation of the recently ratified USMCA, may improve the current outlook. IMF forecasts a modest 1 percent growth rate for 2020 for the economy as a whole, which if achieved would represent an improvement from the more modest growth rate of 0.1 percent for 2019. Current long-term trends appear to hamper the Mexican hydrocarbons sector, resulting in ...
Keywords: CFE, Haynes and Boone, Mexico, Pemex, Talos Energy, USMCA
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