MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 3.Feb.2025) — SilverCrest Metals Inc. received the clearance decision from the ComisiĂłn Federal de Competencia EconĂłmica (COFECE) regarding company’s plan of arrangement with Coeur Mining, Inc. Per the arrangement, Coeur will indirectly, among other things, acquire all of the issued and outstanding […]
Tag: COFECE
Mexican Watchdog Warns Against Fuel Import Changes
(Argus, 21.Dec.2020) — Proposed changes to rules governing importing and exporting hydrocarbons, refined products and petrochemicals in Mexico would “seriously affect competitive conditions in the commercialization of fuels,” competition watchdog Cofece said. Cofece called on the economic development ministry (SE) to not issue a proposal that would give the government […]
Mexico Antitrust Body Takes On Govt Over Energy Policy
(Reuters, 22.Jun.2020) — Mexico’s antitrust regulator said on Monday it had filed a suit at the Supreme Court against the energy ministry, arguing that steps taken by the government last month were in breach of free competition under the constitution. On May 15, the ministry published a set of rules […]
Pemex Industrial Transformation to Challenge Cofece Fine
(Pemex, 26.Aug.2018) — As of today, the Commission of Economic Competition (acronym in Spanish, Cofece) published the fine imposed on Pemex TRI for over 418 million pesos, for allegedly having failed to comply with one of the obligations acquired in October 2016, to restore competition in marketing and distributing 7 […]
Pemex Unit Fined $22 Mln by Competition Authority
(Reuters, 21.Aug.2018) — Mexico’s competition authority said on Tuesday that it has fined a unit of state-owned oil company Pemex for presenting an annual compliance report on antimonopoly measures in the recently opened fuel market a year after it was due. The Federal Commission for Economic Competition, or COFECE, fined […]