Mexico’s Congress on Thursday overwhelmingly voted to open up the country’s oil and gas sector to private investment in the biggest overhaul of the industry since it was nationalized in 1938.
Egypt has been witnessing almost daily protests by supporters of elected Islamist president Mohamed Mursi since the army removed him in July after mass protests against his rule.
Students supporting Mursi have been staging daily protests for months inside and outside their universities.
It aims to entice oil majors such as Exxon Mobil Corp and BP Plc with production- and profit-sharing, asics gel noosa tri 8 service contracts and licenses.
The United States said Egypt should uphold international standards when it dealt with such unrest.
Mexico’s two biggest parties faced down accusations they were betraying their homeland to foreign oil firms, and approved a series of changes to the constitution that could radically transform the fortunes of the world’s No. 10 oil producer.
“To put it bluntly, we believe that would be very good for the people of Mexico,” William Colton, the company’s vice president of corporate strategic planning, asics running shoes told reporters on a webcast from Washington before the reform’s final approval.
Tehran denies pursuing an atomic weapons capability and has refused to halt its program, though it did agree to temporary limitations on it during the Geneva talks last month.
After a whirlwind final passage through Congress, President Enrique Pena Nieto’s bill will offer companies the chance to operate oil wells, commercialize crude and partner with state oil giant Pemex as Mexico seeks to revive flagging output.
Mursi’s removal opened the bloodiest chapter in Egypt’s modern history. Security forces have since killed hundreds of his supporters, asics t139n while some 200 soldiers and policemen have been killed, many in attacks by Islamist militants in the Sinai peninsula, bordering Israel and the Palestinian Gaza Strip.
Supported by the Green Party, a group allied to the PRI, lawmakers from the three parties gave final approval to the bill with 353 votes in favor and 134 against after rejecting a long list of objections to the bill argued by left-wing opponents.
One leftist lawmaker stripped down to his underwear on the podium during the overnight debate, accusing the backers of the reform of leaving Mexico naked without its oil wealth.
Quinlan also told the council that another member state – which diplomats identified as Mauritius – informed the sanctions committee last month that it was investigating “an alleged connection between an Iranian national and a company registered in the reporting State” regarding possible sanctions violations and had sought help from the committee.
“Today is a black day,” asics t214n said Ricardo Monreal, a trenchant critic of the government and leader of the leftist Citizens’ Movement in the lower house. “More poverty for everyone, which has been the rule for Mexican privatizations.”
The new draft bore the stamp of the PAN, which had urged the government to offer companies full concessions at a time the president was only talking about profit-sharing contracts.
“All that will determine the scope of potential investment,” he added. “But given Mexico’s market has been mostly closed to investment for so long, this is really a transformative change. The lion’s share of the excitement is on the upstream side.”
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