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

Tequila Museum Reopening Taps Heritage Before World Cup

Tequila Museum Reopening Taps Heritage Before World Cup

Jalisco’s National Tequila Museum is set to reopen June 5 with a renewed heritage focus...
Puerto Vallarta Gives Mirador de la Cruz a New Look

Puerto Vallarta Gives Mirador de la Cruz a New Look

Puerto Vallarta’s Mirador de la Cruz has a renewed look after cleaning, painting and maintenance...

Puerto Vallarta Faces Above-Normal 2026 Cyclone Season

Puerto Vallarta is preparing for above-normal rain and higher cyclone risk as officials activate emergency...
Leaked audio allege a US-backed media operation targeting Mexico and Colombia

Leaked audio allege a US-backed media operation targeting Mexico and Colombia

Leaked Hondurasgate audios allege a US-backed media operation targeting Mexico and Colombia. The claims remain...