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

puerto vallarta news

Puerto Vallarta morning briefing March 9, 2026 update

Top stories and events shaping Puerto Vallarta today: road conditions, weather, tourism recovery, airport news,...

Puerto Vallarta air traffic dips after 141 cancellations in February

Puerto Vallarta airport handled 615,400 passengers in February, down 5.3% after 141 flight cancellations during...
How CJNG hid real estate fraud in Puerto Vallarta behind legal businesses

How CJNG hid real estate fraud in Puerto Vallarta behind legal businesses

U.S. and Mexican actions suggest CJNG used accountants, real estate firms and shell companies to...
Puerto Vallarta Malecón Expansion Improves Access and Flow

Puerto Vallarta Morning Briefing: March 8 2026 What to Watch

Top stories for Puerto Vallarta on March 8, 2026: 8M logistics, safety updates, travel status,...