Financing Mexico’s oil opening
Reserve-based lending could help bring cash into the country's oil patch—if regulators can get the rules right
Mexico's energy reforms have put the country on the map for international oil companies. For the first time in more than 70 years, private firms can take part in its upstream oil and business alongside state-run Pemex. A big question for these private companies, especially smaller exploration and production players, is how they are going to finance their new Mexican business. To open up the country's upstream, new types of contracts are being offered which, while used elsewhere, haven't been implemented in Mexico before. Specifically, Mexico is now awarding private investors production-sharing contracts (PSCs), which allow a percentage of the output as payment, as well as licence agreements
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
