ONLINE EVENT: After the Vote—What’s Next for Mexico’s Judiciary?

LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

June 14, 2024

How Will Sheinbaum Tackle Pemex’s Debt as President?

Mexican President-elect Claudia Sheinbaum will have to tackle the mounting debts of state oil company Pemex when she takes office on Oct. 1. // File Photo: Mexican Government.

Q

A

Lourdes Melgar, research affiliate at the Massachusetts Institute of Technology and former undersecretary of electricity of Mexico: “Among the top challenges President-elect Sheinbaum faces is the unsustainable state of the energy sector, with its indebtedness, power shortages, carbon emissions and Pemex’s bleak outlook. Adding to mediocre results in hydrocarbon production, far below target, with proven oil and gas reserves for 10 and seven years respectively, high production costs, continuous methane flaring, inefficient processes yielding 33 percent of fuel-oil per refined barrel—Pemex’s debt represents the highest risk to the Mexican economy. A climate scientist and energy engineer, Sheinbaum is most equipped to take on a profound transformation of…”

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A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
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Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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