The government of President Enrique Pena Nieto enacted a wide-ranging reform in 2013-2014 to encourage foreign investment and end the slide in oil output to multi-year lows. The reform ended Pemex's 75-year monopoly over the energy sector, which is one of the key generators of revenue for the government.
The government of President Enrique Pena Nieto enacted a wide-ranging reform in 2013-2014 to encourage foreign investment and end the slide in oil output to multi-year lows. The reform ended Pemex's 75-year monopoly over the energy sector, which is one of the key generators of revenue for the government.