English Abstract

In the international oil industry new rules are coming into play, particularly in E&P, and technical progress is changing the way things are done. There are also new types of interaction between technologies and the forms of industrial organization that seek to present a "single best way": free access to resources and the instauration of a free market, openings to private capital and privatization of state oil companies. Mexico has maintained its oil industry closed to foreign investment as a result of historical and institutional factors. If the industry remains closed, will it be ...