Renewables & Electricity. Next Energy will take advantage of Nuevo León's sun; White River Renewables purchased the Viborillas and San Ignacio solar parks; and Panaba’s wind parks in Yucatán handed in its environmental studies.

Natural Gas Mid-Downstream & LNG. Natural gas imports are expected to increase; and the USMCA will secure North America's oil and natural gas alliance.

Liquid Fuels Mid-Downstream. Despite the COVID-19 crisis, the Dos Bocas refinery will continue; Pemex's oil export price plunged; and Pemex will start refining a million barrels in May.

Oil & Gas Upstream. The CNH said Pemex will look for farmouts; and the oil price crisis will hit Mexican companies that won oil rounds.

Government & NGO. Moody's and Fitch downgraded Pemex's rating to junk; Fitch also cut CFE's rating; and Coparmex is also concerned with the downgrades.

 

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