Remember me | Forgot password
For full content view: Log in Now!
There is good news and bad news coming out of Mexico’s oil sector: The good news is that the government and the sharply divided Congress have been able to agree, finally, on an oil reform package. The package makes progress on three fronts: First, it seeks to dramatically upgrade public oversight of the famously independent national oil company, Pemex. Second, it seeks to strengthen corporate governance in Pemex by restructuring and expanding the corporate board of directors and by increasing the authority and responsibility of the presidential appointee who is the chief executive. Third, it seeks to give Pemex greater flexibility in the design of contractual models for goods and services, including incentive (or performance) bonuses. The bad news is about what was omitted from the reform package: specific measures to improve exploration, explicit measures to involve the expertise of oil companies in deepwater E&P, and making the tenure of the corporate director general at the pleasure of the Pemex board.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Noordwijk - June 5-7
San Antonio, TX - June 6-6
London - June 10-13
All material subject to strictly enforced copyright laws.
© 2013 World Oil. © 2013 Gulf Publishing Company.