English

PEMEX LOGISTICS OPEN SEASON 1.2

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PEMEX LOGISTICS OPEN SEASON 1.2   On January 09, 2017, Pemex Logistics (“Pemex Logística”) released a call to participate in the auction 1.2 for the awarding of capacity in the Storage and Transportation System by pipeline in the North Zone Border Systems of México. The capacity subject matter of the referred call for the open […]

Energy

CALL FOR THE BIDDING PROCESS TO AWARD A MANAGEMENT AND OPERATION CONTRACT FOR THE TRANSMISSION INFRASTRUCTURE FOR THE INTERCONNECTION BETWEEN THE NATIONAL INTERCONNECTED SYSTEM AND THE BAJA CALIFORNIA ELECTRICAL SYSTEM

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CALL FOR THE BIDDING PROCESS TO AWARD A MANAGEMENT AND OPERATION CONTRACT FOR THE TRANSMISSION INFRASTRUCTURE FOR THE INTERCONNECTION BETWEEN THE NATIONAL INTERCONNECTED SYSTEM AND THE BAJA CALIFORNIA ELECTRICAL SYSTEM     On December 07, 2017, the Ministry of Energy (“SENER”) announced the call for a bidding process for the finance, installation, maintenance, management and […]

Banking & Finance

Senate approves the Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) (“Fintech Law”)

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Senate approves the Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) (“Fintech Law”)   Read More   On December 5, 2017, the Senate sitting en banc unanimously approved the bill of the Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) (“Fintech Law”), which was remitted to the Chamber of Deputies for […]

English

THE REPRESENTATIVES OF THE NATIONAL MINIMUM WAGE COMMISSION UNANIMOUSLY VOTED TO INCREASE THE CURRENT MINIMUN WAGE IN MEXICO.

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THE REPRESENTATIVES OF THE NATIONAL MINIMUM WAGE COMMISSION UNANIMOUSLY VOTED TO INCREASE THE CURRENT MINIMUN WAGE IN MEXICO. On November 21st, the National Minimum Wage Commission (known in Mexico as “CONASAMI”) released through an informative note that in performance of its duties and authority, it had revised the current minimum wage in Mexico. The representatives […]

Anti-Corruption

Unconstitutionality of Article 115 of the Credit Institutions Law

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Unconstitutionality of Article 115 of the Credit Institutions Law On October 4, 2017 the Federal Supreme Court of Justice, ruled on the Amparo action number 1214/2016, declaring the unconstitutionality of Article 115 of the Credit Institutions Law, which authorizes the Ministry of Finance to block bank accounts of taxpayers for alleged money laundering and terrorist […]

English

Declaration of Special Economic Zones (“SEZs”)

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Declaration of Special Economic Zones (“SEZs”)    On September 29, 2017, the Executive Branch published in the Federal Official Gazette declarations of the first three SEZs, located in Chiapas, Veracruz, Michoacan and Guerrero.   Read More   The Executive Branch published on September 29, 2017 declarations of the first three SEZs: (i) Puerto Chiapas, (ii) […]

Energy

Round 3.1 CNH-R03-L01/2017

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In reference to the tenders called by the National Hydrocarbons Commission (“CNH”) regarding the awarding of Exploration and Extraction of Hydrocarbons Contracts (“E&E Contracts). On September 28, 2017, CNH announced the First Tender of Round Three (CNH-R03-L01/2017), which compels 35 Contractual areas located within the regions known as: (i) Burgos, (ii) Tampico-Misantla-Veracruz, and (iii) Cuencas […]

English

PEMEX FARM OUT CALL CNH-A5-NOBILIS-MAXIMINO-C4-2017.

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On September 18, 2017, the National Hydrocarbons Commission (“CNH”) published, the call for bidding procedure CNH-A5-NOBILIS-MAXIMINO-C4-2017, which purpose is the selection of partner so the State Owned Productive Company, PEMEX Exploration and Production, may jointly exploit with a partner, the block described below. Bidding Block: Name Location Prospective Resources(million barrels) Property of resources Nobilis-Maximino Mexican […]