Energy Cos. Weigh Promise Of Mexico’s Oil Reforms

Law360, New York (August 14, 2013, 9:50 PM EDT) -- Mexico's recent proposal to overhaul its nationalized oil industry includes some tempting carrots for foreign oil and gas companies — like the opportunity to include profit-sharing agreements on their balance sheets — but experts say firms will need further political and contractual certainty before sinking cash and resources into the country.

In an effort to kick-start a sluggish oil and gas industry by attracting investment, Mexican President Enrique Pena Nieto on Monday proposed to amend the Mexican Constitution in order to allow for profit-sharing agreements between private...
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