The energy regulator asked lawmakers to restore the budget cut proposed by the López Obrador administration, after it was revealed that it will cut 60% of its workforce.
The Mexican government's proposed 340,000b/d Dos Bocas refinery will account for 90% of the refining unit's investment budget.
The Colombian Petroleum Association says the Andean country cannot afford to waste more time as it competes with burgeoning offshore markets in Mexico, Brazil and Guyana.
The bill paves the way for concession auctions to install solar generation platforms with capacity above 1,000kW and wind generation of over 5,000kW at sea, and on rivers and lakes.
The document implements some of the measures proposed in the Gás para Crescer initiative.
The Calgary-based oil junior also announced plans for a normal course issuer bid.