On February 5, 2025, Mexico’s President submitted a bill to the Senate that proposes new laws and reforms in the electric sector: the Law of the Electric Sector ("LES"), the Law of the National Energy Commission, the Law of the State Public Company, Federal Electricity Commission, the Law of Energy Planning and Transition, the Law of Biofuels, and the Law of Geothermal Energy are issued, and the Organic Law of the Federal Public Administration is modified.

On February 5, 2025, President Claudia Sheinbaum introduced a bill (the "Bill") to the Senate to, among other things, enact the Law of the Hydrocarbons Sector (the “LSH”), the Law of the National Energy Commission (the "Law of the CNE"), and the Law of the State Public Company, Petróleos Mexicanos (the “Law of PEMEX”).

On January 28, 2025, the amendments to the "General Provisions Applicable to Issuers of Securities and Other Participants in the Securities Market" (the "Reform") were published in the Official Gazette of the Federation.