Mexico May Delay Energy Reform

Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state oil major Pemex, Reuters reported, citing unnamed sources in the know. According to the sources, Lopez Obrador asked regulators to suspend the issuance of new permits for private companies to reduce competition against Pemex as well as state power utility CFE. In addition, the President also said he planned to refinance Pemex’s debt, which is the largest in the global oil industry.…