President Claudia Sheinbaum signed a decree on Tuesday, August 4, requiring Pemex and CFE subsidiaries to publish their financial statements and contracts in Mexico and abroad. The measure covers the 34 subsidiaries recognized by Pemex, according to Energía a Debate.
The decree, published by the Office of the President, expands the information that entities subject to obligations under the Federal Executive must proactively disclose on the National Transparency Platform. Contracts of state-owned companies will be updated monthly, rather than quarterly, according to Bloomberg Línea. The measure gives citizens, suppliers, and investors greater visibility into how the country's two largest state energy companies award contracts, a fact relevant to the energy supply chain linking Mexico, the United States, and Canada. The decree establishes that public information is only classified as reserved in cases provided for by law.
Under the decree, subsidiaries must make public their financial statements, assembly and incorporation minutes, corporate governance data, and contracts signed in Mexico or abroad. For CFE, the list includes CFEnergía, CFE Internacional, and CFE Capital. Pemex recognizes 34 subsidiaries: 24 in Mexico, 4 in the United States, 3 in Spain, and one each in Ireland, the Netherlands, and Switzerland. Information will be updated monthly on the Transparency Obligations Portal, within 15 business days of the close of the previous month. Article two of the decree orders the publication of results for direct awards, restricted invitations, and public tenders, along with the public version of the corresponding files and signed contracts.
The decree entered into force on August 5. The Secretariat of Anti-Corruption and Good Governance has 90 days to issue technical criteria and formats; after that, companies will have 30 business days to publish. The government plans to incorporate these rules into the General Transparency Law during the legislative session beginning September 1.
This article was written with artificial intelligence assistance based on verified sources and reviewed by a human editor before publication.