Mexico Weighs Wide-Ranging Reforms to Energy Giants Pemex, CFE

Mexico Weighs Wide-Ranging Reforms to Energy Giants Pemex, CFE

February 3, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Mexican President Claudia Sheinbaum sent to Congress a bill that aims to strengthen and support the Federal Electricity Commission (CFE) and Petroleos Mexicanos SA de CV (Pemex) (Mexico City). This reform rolls back the 2013 energy reforms aimed at attracting private investment to the Mexican energy sector.

The proposed changes would eliminate CFE and Pemex subsidiaries and vertically integrate the companies.

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