Connect to share and comment

Mexican senate approves political reform

The Mexican senate late Friday approved a measure overhauling the political system that includes allowing legislators and mayors to be re-elected, and creates an independent electoral oversight office. The measure, supported by President Enrique Pena Nieto and already approved in the chamber of deputies, was approved 95-11 with two abstentions. The new scheme maintains a previous restriction limiting the president and state governors are just one six-year term in office.

Mexican senators approve electoral, anti-corruption bills

MEXICO CITY (Reuters) - Mexico's Senate gave final congressional approval on Friday to an electoral reform bill that allows for the re-election of lawmakers, and also pushed forward legislation that would create an anti-corruption watchdog. The electoral bill, which opposition conservatives demanded in exchange for supporting President Enrique Pena Nieto's landmark energy overhaul approved this week, will now be sent to state lawmakers. Lawmakers in 16 out of Mexico's 31 states need to ratify the legislation.

Mexico's Congress approves historic oil reform

Mexico's Congress approved historic energy reform Thursday aimed at luring foreign oil firms back into the country and ending the state's 75-year-old monopoly following a heated debate. After a marathon session that lasted nearly 24 hours, the lower house voted 353 to 134 for the legislation championed by President Enrique Pena Nieto, one day after it passed the Senate.

Mexico's Senate backs reform to break oil monopoly

Mexico's Senate approved controversial legislation Wednesday to open the state-controlled energy sector to foreign investment and break the 75-year-old oil monopoly. The bill is the centerpiece of President Enrique Pena Nieto's reform drive, which has included new tax collection, telecommunications and education laws in an effort to revitalize Latin America's second biggest economy.

Mexico Senate passes energy bill, lower house OK pending

By Miguel Gutierrez and Dave Graham MEXICO CITY (Reuters) - Mexico's Senate on Wednesday signed off on an energy bill that aims to lure private capital into the state-run oil and gas industry in the biggest shake-up since a 1938 nationalization, sending it to the lower house for debate and final approval.

Mexico Senate panels debate energy reform; leftist PRD opposed

MEXICO CITY (Reuters) - Mexican Senate committees on Monday resumed debate of a draft energy bill that would open up the world's No. 10 oil producer to private investment by allowing lucrative contracts in what would be the sector's most dramatic revamp in 75 years. The bill, unveiled by senators from the ruling Institutional Revolutionary Party (PRI) and opposition conservatives on Saturday, would let private firms partner with ailing state oil firm Pemex via profit-sharing, risk-sharing and service contracts as well as licenses.

Mexico Senate committee energy bill debate stretches into Monday

By Alexandra Alper and David Alire Garcia MEXICO CITY (Reuters) - Mexican Senate committees on Sunday debated an energy bill that would open up the world's 10th-biggest oil producer to private investment by allowing new types of contracts, marking the industry's most dramatic overhaul in 75 years.

Mexico Senate committees near vote on bold energy reform

MEXICO CITY (Reuters) - Mexican Senate committees on Monday resume debate of an energy bill that would open up the world's No. 10 oil producer to private investment by allowing lucrative contracts in the sector's most dramatic revamp in 75 years. The bill, announced by centrist ruling party and opposition conservative lawmakers on Saturday, would let private firms partner with ailing state oil firm Pemex via profit-sharing, risk-sharing and service contracts as well as licenses in a bid to stem an output slide.

Mexico lower house greenlights electoral reform

MEXICO CITY (Reuters) - Mexico's lower house on Thursday gave general approval to an electoral reform demanded by the opposition, helping pave the way for Congress to focus on an energy bill at the center of President Enrique Pena Nieto's economic agenda. Lawmakers voted 469-69 to approve the bill in general, but dozens of points were reserved for further debate that was expected to stretch into the night.

Mexico lawmakers poised to debate energy reform: top senator

By Miguel Gutierrez MEXICO CITY (Reuters) - Mexican lawmakers are poised to send a landmark energy bill to Senate committees to start debate on a cornerstone of President Enrique Pena Nieto's economic reform drive, a top ruling party lawmaker said on Wednesday. The bill, which would open Mexico's state-dominated energy sector to private investment in a bid to boost lagging output and growth in Latin America's No.2 economy, will still need approval of the Senate and lower house of Congress.
Syndicate content