On February 4, 2025, the Senate received the initiative with draft Decree issuing eight secondary laws and reforming three more related to the energy sector, which are part of the secondary legislation derived from last year’s constitutional reforms to Articles 25, 27 and 28 (the “Draft Decree”). With respect to the hydrocarbon sector, the Draft Decree includes the following laws: (i) Hydrocarbons Sector Law (“LSH”, for its acronym in Spanish); (ii) State-Owned Company Law, Petróleos Mexicanos. (“PEMEX Law”); (iii) National Energy Commission Law (“LCNE”, for its acronym in Spanish); and (iv) Biofuels Law5 (“LBIO”). These laws will be submitted to Congress for further discussion and potential approval.