Mexican play still a guessing game
Mexico’s energy sector and IOCs are waiting to see if the new president follows through with his anti-reform election rhetoric
On 1 December, Andrés Manuel López Obrador will take office for a six-year term as president of Mexico. After a protracted but one-sided campaign, he won a decisive victory in the 1 July polls at the head of the Morena party, which he founded, taking 53% of the vote. It's the culmination of a lifetime spent seeking Mexico's most senior office. He previously contested the presidency in 2006 and 2012. López Obrador's credentials are those of a nationalist, leftist outsider. He's also a dogged opponent of the two parties which have ruled since the return to democracy in 2000, the Institutional Revolutionary Party (known by its Spanish acronym of PRI) and the pro-business National Action Party o
Also in this section
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
