Oil in Mexico & the Future of Pemex

Alma Rosa Moreno, Senior Advisor to the CEO, PEMEX
Moderator: Jeremy Martin, Energy Program Director, Institute of the Americas

Pemex's adoption of important measures based upon the nation's energy reform signed into law in 2008 is ongoing, and Mexico's notably successful oil price hedges of recent years has boosted the industry. But, the company and nation are also dealing with the fallout from the Deepwater Horizon accident in the US Gulf and the ever-present oil production challenges and the dwindling output of the Cantarell field.