Mexican President Enrique Pena Nieto is pushing for a major reform of Pemex, the country’s state-owned oil company, to save Mexico from becoming a net importer of oil. But with economic growth projections falling and unions protesting in the Zocalo, he is facing an uphill battle. If he succeeds in opening Pemex to foreign investment, all eyes could turn to Mexico as it emerges as one of the world’s next top engines of growth.

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