Gabriel Ruiz Quoted in Bloomberg on Mexico Energy Reform

“Mexico Oil Is Boon for Exxon to BP as Frontiers Teeter”

Mexico’s vote on rules for the end of its 76-year state-oil monopoly couldn’t come at a better time for global energy companies from Exxon Mobil Corp. (XOM) to Royal Dutch Shell Plc.

“The proximity to the U.S. is a big factor because companies are already operating on those same oil and gas plays in the U.S. and the technical information that is available will be a big advantage,” said Gabriel Ruiz, a partner for the law firm Thompson & Knight LLP based in Monterrey, Mexico.