Enrique Pena Nieto Cornerstone News

Mexican Lawmakers aim to set higher than first Planned Minimum requirements for Materials, How much local labor and companies investing in the Oil and Gas Industry must use, According to a Revised Draft of pending Legislation. Mexico 's Congress is in the Process of Approving so-called secondary laws to Implement the Government's December 2013 Energy reform, which the Forms of President Enrique Pena Nieto Cornerstone's Economic Growth Strategy to boost flagging. The laws, which Establish the Fine Print of the reform Ending the Oil and Gas Monopoly Granted to State Oil giant Pemex in 1938, are being Closely watched by Oil Majors Such as BP Plc and Exxon Mobil Corp..