Mexico’s incoming government will send a wide-reaching energy reform bill to Congress in the first half of 2013, but it is braced for the prospect of accepting a watered-down version that would likely deter investment by oil majors.

President-elect Enrique Pena Nieto wants to shake up the sector by opening up state oil monopoly Pemex to more private investment, hoping it will help boost production

via Sweeping Mexico energy reform may stumble in Congress – chicagotribune.com.