“The energy reform has a lot of benefits to the country, to the people, so the worst case scenario in my point of view is that the speed that we are implementing the energy reform will be reduced,” the CEO of Mexico’s state-owned oil company, Pemex, told the CERAWeek Conference this week. Carlos Trevino was referring to the upcoming presidential election in Mexico, in which the frontrunner, Andres Manuel Lopez Obrador (aka AMLO), has hinted that he might roll back the historic energy reform passed a few years ago that opened up the country’s energy sector to the private sector. “Someone who doesn’t believe in the energy reform may reduce the speed very much and I think that would be a shame in Mexico,” Trevino said, clearly referring to AMLO. AMLO was originally against the privatization effort, which has allowed the participation of international oil majors after decades of […]