Renewables & Electricity. Sener published the third long-term electricity auction and the industrial sector enjoys more favorable power tariffs in May.
Natural Gas & Liquid Fuels. Pemex and congressmen fret over illegal taps; Tesoro won the open season for Pemex pipelines; and Cydsa will build an underground LP gas storage facility.
Oil & Gas Upstream. The CNH approved onshore fields for farm-outs; Ek and Balam contracts were migrated; and an OPEC production cut is almost certain.
Money & Power. Moody’s maintains Mexico’s sovereign rating; Banxico will raise rates again by 50 points during 2017; and CFE increased salaries by 3.10%.
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