Mexico Energy Strategy Pivots to Gas and Renewables

2026-03-26 - 18:30

Key Points — President Sheinbaum used the 88th anniversary of Mexico’s oil expropriation to announce a new petroleum advisory commission chaired by Cuauhtémoc Cárdenas, the 91-year-old son of the president who nationalized the industry in 1938 — Mexico still imports roughly 75% of its natural gas, making domestic production the government’s next strategic priority alongside