Mexican lawmakers and Pemex are shaping fracking incentives — tax breaks and streamlined permits — to develop the Burgos Basin and cut US gas import reliance.
Mexico Energy Policy
Key Facts
—Policy reversal. President Sheinbaum has endorsed unconventional gas development, pivoting from earlier pledges to ban fracking.
—Fiscal levers. Existing law allows 100% deduction of exploration costs, and a 2024 decree granted tax credits on profit-sharing payments.
—Pemex’s plan. The 2025–2035 strategy targets unconventional reserves and calls for private investment to reverse declining output.
Mexican President Claudia Sheinbaum signaled a major shift in the country's energy policy aimed at reducing its dependence on…
México mantendrá en el corto y mediano plazo su dependencia de importar gas natural desde Estados Unidos, pese a su proyecto de…
President Claudia Sheinbaum said hydraulic fracturing will not be allowed in the Tampico-Misantla basin.
Sheinbaum said hydraulic fracturing will not be allowed... citing the basin’s dense population, indigenous communities and…
Mexico bans unconventional drilling in the Burgos Basin, keeping two-thirds of its shale gas reserves untapped while importing…
México prepara su incursión en este modelo de extracción de gas, que despierta un intenso debate dentro y fuera del Gobierno. EL…
