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Mexican Energy Reforms Mired in Regulatory Delays

Oil firms that have won drilling rights during Mexico's landmark energy reforms have made little progress on developing about two-thirds of the projects because of the nation's tangled regulatory regime, according to company executives and government data. Mexico has auctioned off more than 100 contracts to foreign and local companies since President Enrique Pena Nieto started opening the nation's oil fields to foreign investment in 2013. A new oil...

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