Reshaping Mexico’s energy sector’s legal framework, on Oct. 31, 2024, President Claudia Sheinbaum Pardo enacted a decree amending several articles regarding strategic areas and enterprises. The decree amends i) the fifth paragraph of Article 25, ii) the sixth and seventh paragraphs of Article 27, and iii) the fourth paragraph of Article 28 of the Mexican Constitution (CPEUM). When she signed the reform into law, Sheinbaum said it “returns to the people companies that always belonged to the people of Mexico and that were privatized in 2013.”

Click here to read the full GT Alert, which describes the most relevant aspects of the constitutional amendment.