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On January 29, 2026, the Partial Reform of the Organic Hydrocarbons Law was published in the Official Gazette, introducing significant changes for the sector, including an expanded scope of hydrocarbon activities, new forms of private participation, adjustments to the royalty regime, and the creation of the Integrated Hydrocarbons Tax.
This reform redefines the sector’s operational, fiscal, and commercial framework, incorporating principles of sovereignty, energy transition, transparency, and greater flexibility for private companies to participate in primary activities under new regulatory conditions.
To review all modifications and our technical insights, you can download our Tax Alert by clicking the button.
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Abstract
Published in January 2026, the reform introduces new schemes for private participation and an Integrated Hydrocarbons Tax, redefining the sector’s operational framework.