Mexico’s new government came into power with promises to turn around the country’s oil industry and boost production after, it said, the previous government failed. Despite these promises and the first decisive steps towards them, some analysts remain skeptical about the prospects of success. When he took office, President Andres Manuel Lopez Obrador said his government would review all contracts with foreign oil companies that the Pena-Nieto government had signed during its term, which sparked worry in the international oil industry…
