MEXICO CITY (Reuters) - President Enrique Pena Nieto on Monday proposed an overhaul of Mexico's energy industry to offer private companies profit-sharing contracts, but investors said it might be too cautious and some sold Mexican assets.
The proposal calls for changes to key articles of the constitution that ban certain contracts and make oil, gas, petrochemicals and electricity the sole preserve of the state, in a bid to lure investment to stem sliding oil output.
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