VOICED : Historica licitacion petrolera en Mexico

VOICED : Historica licitacion petrolera en Mexico

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Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

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The video discusses the first oil bidding in Mexico following partial privatization, allowing international companies to participate in an industry nationalized in 1938. Fourteen blocks in the Gulf of Mexico are up for bidding, valued at $17 billion. Seven consortiums are involved, with financial guarantees required before contract signing. This event is a key part of the 2014 energy reform by President Enrique Peña Nieto, aiming to attract foreign investment to counteract the decline in Mexico's oil industry.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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