Mexican President, Andres Manuel Lopez Obrador
Mexico’s election could evolve oil nationalism
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
Andres Lopez Obrador has caused an earthquake in Mexican politics since winning the presidential election in June 2018. And despite his left-wing, populist social policies being much more successful than his nationalistic energy ones, his protege, Claudia Sheinbaum, and their political party, Morena, are well-placed to dominate the presidential, congressional and gubernatorial elections on 2 June. In an attempt to slow the Morena juggernaut, the three main political parties from Mexico’s past—the left-wing PRD, centrist PRI and right-wing PAN—are fielding a single presidential candidate, Xochitl Galvez. Nevertheless, Sheinbaum is ahead by 29 percentage points, at 61% support, based on the Bl
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
