The birth of Neo-Petronationalism: a new emerging model
by Paola Carvajal, Agustin Gogorza, Rodolfo Guzman, Paolo R. Dutto
Issue 1, 2014
Oil & gas

In 2013 Mexico approved an ambitious energy reform that ended 70 years of Petronationalism. The country opened its market and now allows private and international investors to participate through a range of contracting models. The authors believe that a successful implementation of the Mexican energy reform will position Neo-Petronationalism as a new paradigm for certain countries that share similar conditions. What are the business opportunities, and who will be in the next wave?