Abstract

ROMO, Daniel. Oil refining in Mexico and prospects for the Energy Reform. Prob. Des [online]. 2016, vol.47, n.187, pp.139-164. ISSN 0301-7036.

This paper analyzes the conditions facing the oil refining industry in Mexico and the factors that shaped its overhaul in the context of the 2013 Energy Reform. To do so, the paper examines the main challenges that refining companies must tackle to stay in the market, evaluating the specific cases of the United States and Canada. Similarly, it offers a diagnosis of refining in Mexico, identifying its principal determinants in order to, finally, analyze its prospects, considering the role of private initiatives in the open market, as well as Petróleos Mexicanos (Pemex), as a placeholder in those areas where private enterprises do not participate.

Keywords : Oil; refining; Energy Reform; global market; energy consumption; investment.