Mexico's New Energy Era: Pemex development tracking fiscal, technological strategies

A banner hung by Mexico's Oil Union at the Expropriation Day celebration in Cuidad del Carmen in March cites the union's insistence that Petroleos Mexicanos is one company, not four (reflecting the state oil firm's split into four operating groups-an indicator of the union's opposition to the speculated privatization of any state petroleum assets. Click here to enlarge imageAs presidential candidate, and president-elect, Vicente Fox emphasized the need for greater participation by private industry in the energy sector of Mexico. Since assuming office on Dec. 1, the government has named executives from Dupont México, Turbinas Solar SA de CV (Solar Turbines Inc.'...

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