Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Oil And Gas Industry Is Open To Foreign Investment For The First Time In Over 75 Years

Mexico's Senate has approved legislation to implement historic constitutional reform that would open the country's oil and gas industry to foreign investment for the first time since 1938.
In an 85-26 vote, lawmakers passed the last of four packages of laws Monday to end the monopoly held by state oil company Pemex for 75 years in the exploration and exploitation of energy resources.

The Chamber of Deputies must now vote on the measures, which the leftist opposition had tried to modify.

President Enrique Pena Nieto hailed the marathon voting that began Thursday as an example of Mexico . . .

Read Full Story

Related Posts

Downhill returns to Puerto Vallarta with world-class riders

Downtown Vallarta Road Closures Set for Downhill Event

Puerto Vallarta will close downtown streets May 1–2 for Downhill and Freestyle 2026, affecting afternoon...
Puerto Vallarta Pride 2026 Brings a Mexican Theme to Town

Puerto Vallarta Pride 2026 Brings a Mexican Theme to Town

Vallarta Pride 2026 is set for May 17–24, with a Mexican-themed week of events and...
Dos Mares 500 Brings Off-Road Weekend to Los Cabos

Los Cabos Maps Traffic Plan for Dos Mares 500 Race

Los Cabos will use alternate parking and free shuttles as Dos Mares 500 brings off-road...
Developer Denies Sewage Claim at Xcalacoco Beach Project

Developer Denies Sewage Claim at Xcalacoco Beach Project

A Playa del Carmen beach-club project remains under review after officials closed the site and...