CaptureThe government of Mexico recently initiated a comprehensive reform package to open up and restore the profitability of its energy sector through an influx of foreign capital and technology.

The landmark reforms to the hydrocarbons and electricity sectors effectively end a 75-year monopoly held by the state oil and gas company PEMEX and are expected to open up opportunities for foreign investors across the oil and gas value chain.

This report discusses the highlights of the reforms and the recently published secondary legislation, provides an overview of the likely timeline for implementation, and examines opportunities for Canadian companies.