Life with Amlo
Mexico's upstream has boomed in recent years, and a bullish new president wants to drive growth
Mexico's presidential election this July saw leftist candidate Andrés Manuel López Obrador, popularly known as Amlo, sweep to victory. While long expected, his decisive winning margin has given the oil industry pause as it digests the implications for Mexico's five-year-old Energy Reform program. That market-friendly program is widely judged to have been a success from upstream to retail. The industry is now waiting to see whether Amlo will put on the brakes or let it take its course as his vow to raise oil output by 600,000 barrels a day within two years suggest he might. Analysts and oil industry officials believe that the months until the new president's inauguration on 1 December will cl
Also in this section
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
