Is Amlo a threat to Mexico's oil opening?
The industry fears a López Obrador victory in July's presidential election could derail the country's reforms
The biggest threat hanging over Mexico's historic energy reforms is the rise of leftist presidential candidate Andrés Manuel López Obrador, widely known as Amlo, who has been a harsh critic of opening up the sector to foreign investors. Amlo's critics warn that a victory in July's presidential election will derail the reforms and could bring a Hugo Chávez style renationalisation of the industry. In a coordinated media blitz over the past couple of weeks, some of Amlo's top advisors have sought to soften the edges of the candidate's opposition to the reforms and tame industry fears over his possible victory. "It would be an error for the next administration to cancel all that has been accompl
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!