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Reduction of Pemex’s Share Utility Right

Reduction of Pemex’s Share Utility Right

On December 9th, 2019, the Official Gazette published the “Decree that reforms and adds various provisions of the Hydrocarbons Revenue Law” (the Decree) which aim is to reduce Pemex’s shared utility right (DUC[1], by its Spanish acronym) from the current 65% to 58% in...

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Five years after Round Zero: The pending issues

Five years after Round Zero: The pending issues

Today, August 13, 2019 marks 5 years of having published the results of the so-called Round Zero, in which the Ministry of Energy (SENER), with the technical assistance of the National Hydrocarbons Commission...

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Water Availability in the 295 Partial Reserved Zones

Water Availability in the 295 Partial Reserved Zones

Based on the public interest and the prior relevant technical studies, the Executive is legally empowered: i) to modify or remove closed zones[1] of water basins, and ii) to declare total or partial Reserve Zones[2] in aquifers, water basins, and hydrological regions,...

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