Analysis

New Mexican Prez May Slow But Won't Stop Energy Reform

Law360 (July 3, 2018, 7:56 PM EDT) -- While cross-border energy attorneys don't expect Mexican President-elect Andres Manuel López Obrador to undo landmark constitutional reforms that opened up the country's energy sector to private and foreign investment in the last five years, they warn that he may slow down the pace of denationalization.

López Obrador, a leftist candidate elected in a landslide on Sunday, fiercely opposed the reforms enacted in 2013 that denationalized Mexico's energy sector and criticized them while on the campaign trail. However, he tempered his criticism as the election approached.

For example, even as López Obrador has called for oil and gas contracts awarded by the...

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