Mexican play still a guessing game
Mexico’s energy sector and IOCs are waiting to see if the new president follows through with his anti-reform election rhetoric
On 1 December, Andrés Manuel López Obrador will take office for a six-year term as president of Mexico. After a protracted but one-sided campaign, he won a decisive victory in the 1 July polls at the head of the Morena party, which he founded, taking 53% of the vote. It's the culmination of a lifetime spent seeking Mexico's most senior office. He previously contested the presidency in 2006 and 2012. López Obrador's credentials are those of a nationalist, leftist outsider. He's also a dogged opponent of the two parties which have ruled since the return to democracy in 2000, the Institutional Revolutionary Party (known by its Spanish acronym of PRI) and the pro-business National Action Party o
Also in this section
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub






