The Weekly Brief: Mexico

Renewables & Electricity. Discovery Management will build a wind park in Yucatán; Tamaulipas will open three wind parks this year; and IUSA won the CFE's meter auction again.

 

Natural Gas & Liquid Fuels. Pemex runs steam crackers at full steam; and oil giants will sell jet fuel to ASA.

 

Oil & Gas Upstream. The CNH put off the Round 3.2 ruling; Pemex plans to produce more crude oil; and the CNH will offer seven farmouts.

 

Money & Power. AMLO would respect NAFTA; Mexico grew 2.4% in the first quarter; and Banxico will cut interest rates in 2018 if inflation drops.

 

Déjà vu all over again. Last week’s readers were particularly interested in Siemens and Cemex’s alliance (El Financiero – Spanish); Alpek’s sale of cogeneration plants (Reforma – Spanish); and plans to connect pipelines (El Norte – Spanish).

 

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