Mexican President Andres Manuel Lopez Obrador's reversal of certain energy policies will likely continue to have a modest impact on foreign investment and competition in Mexico's oil and gas sector. While intended to make Mexico's overall energy industry more self-reliant and state-centric, Lopez Obrador's policy shifts ultimately risk further crippling the country's state-owned oil firm Petroleos Mexicanos (Pemex), while delaying its electricity sector's shift to renewable energy sources. Energy Policy Changes Lopez Obrador's vision for the energy sector is predicated on a notion of self-sufficiency, in which state-owned enterprises dominate the market while private investment is reduced to marginal levels. His policies are, in turn, designed to weaken the independence of regulatory bodies, inhibit new bid rounds or contract awards for foreign firms to develop natural resources, and prevent competitive challenges to state-owned energy companies such as Pemex and the electricity firm Comision Federal de Electricidad (CFE).