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...Created in 1938 when the industry was nationalised, president Enrique Peña Nieto calls Pemex the “pride” of Mexico. Though long blighted by corruption allegations, it is too big to fail....
...The energy reform — which the government hopes will reel in more than $50bn by 2018 — is the crux of President Enrique Peña Nieto’s plans to modernise Mexico....
...President Enrique Peña Nieto will take a leaf out of the history books when he reveals a long-awaited energy reform this week that aims to attract private companies to invest in Mexican oilfields for the...
...“It is a highly politicised process,” said John Padilla of IPD Latin America, an energy consultancy....
...When Enrique Peña Nieto, the Mexican president, unveiled his long-awaited reform of the country’s energy sector, it was not only an important economic moment it was a classic piece of Mexican political theatre...
...But Mr Padilla says this must happen if Mexico wants oil to spur higher economic growth....
...John Padilla, managing director of IPD Latin America, an energy consultancy, argues that overstaffing is one of the company’s principal problems....
...For a start, he says, during the past five years under the administration of Enrique Bolaños, the former president, the best annual fiscal result was a deficit equivalent to 5 per cent of gross domestic...
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