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Real Estate Investment & News | Topic | pemex | Page 1

21 March, 2016

Gulf Oil Corporation will seek to cover at least 25% of the market of petrol stations in Mexico and will operate up to 2,000 service stations by 2019. This month (March) will offer the first franchise opportunities and Gulf Oil expects to close 2016 with at least 100 units.

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17 November, 2015

Many of the world’s most respected businesses and news organizations know that Mexico offers a wealth of opportunities, from its growing manufacturing sector to its booming tourism industry and rising real estate prices. As one of our clients recently said,“What’s not to love about Mexico?”

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09 November, 2014

Although the major long-term boost that’s on the way from Mexico’s oil industry following the implementation of historic reforms this summer is most likely going to come from new deepwater fields in the Gulf, it could be up to 10 years before companies actually start pumping in the newly charted areas, which means the immediate spike in production will come from existing onshore fields in the same region.

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07 September, 2014

This August Mexican President Enrique Pena Nieto signed Mexico’s new energy reforms package into law, which ended a 76-year monopoly over the nation’s vast oil and gas resources by state-owned Petroleos Mexicanos (PEMEX). The move opens Mexico’s energy sector to private capital from both domestic and foreign sources, permitting global oil majors to operate here for the first time since energy assets were nationalized in 1938.

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02 September, 2014

For the first time in more than 70 years,Mexico’s energy sector is allowing private and foreign firms to sign production and profit sharing deals in the oil, gas and electricity industries. Previously managed solely by Pemex, Mexico’s state-owned oil and gas giant, the change is quickly opening up a whole new realm of possibilities that could ultimately lead to a new era of energy independence for North America.

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08 May, 2014

Mexico is quickly moving to capitalize on its substantial and largely untapped energy resources as the government works to hammer out the final details surrounding new rules that will apply to outside investors in this sector. According to a recent report by Reuters,Mexico plans to eventually make it mandatory for all investing bodies and corporations to use a certain amount of labor and materials from local and national Mexican firms and businesses, but the rules will allow up to ten years for compliance.

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03 April, 2014

Last year’s historic energy reform has opened Mexico’s national oil company (PEMEX) to outside investment and foreign partnerships for the first time in more than 75 years. According to the International Business Times (IBT), this progressive move will allow major international companies to gain access to Mexico’s largely unexploited deep-sea oil fields.

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15 November, 2012

According to a report by Bloomberg Businessweek, Mexico’s incoming President Enrique Peña Nieto “will be able to bring together members of his party and the opposition to pass laws opening up the oil industry to private investment.”  The report follows a statement to that effect made by Peña Nieto’s top economic advisor, Luis Videgaray.

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