Category Archives: Wall Street Journal on Mexico’s energy

Did Chicontepec auction “fail”?

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During the past week we received a number of calls and emails from journalists who have asked for help in understanding the “failure” of the Chicontepec bid round.  We do not support the narrative of “failure,” as we explained in Market Note 171. The situation of Pemex vis-à-vis the IOCs is very simple: For the Continue Reading

To the Editor: Mary O’Grady, WSJ — Will Mexico Welcome Wildcatters?

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It is a good thing that Mexico’s finance minister was available for an interview to talk about energy. At least he acknowledges that the topic is one that the Journal’s readers would like to hear about. His story-line, however, is but a melodic variation on Brahms’s Lullaby. It is the big picture, not the details, Continue Reading