Mexico published a Decree in the Official Gazette on 31 January 2020 that repeals certain incentive decrees issued in December 2016, August 2017, and May 2019 that had provided increased deduction limits under the Hydrocarbon Revenue Act in order to incentivize and support hydrocarbon production, including increased limits for cost, expense, and investments based on the percentage of the annual value of hydrocarbons and area of extraction. The incentive decrees are repealed following the int…