The Weekly Brief: Mexico

Renewables & Electricity. Eólica del Sur may run into trouble; the CRE explained how telecom companies will use posts; and IEnova is considering a bet on transmission lines.

 

Natural Gas & Liquid Fuels. Mexico lacks the jet fuel to cover demand; the Finance Ministry killed the subsidy on Premium gasoline; and President Peña spent MXN23.5bn in oil hedges.

 

Oil & Gas Upstream. The CNH is disappointed with the number of completed wells; Idesa is after Round 3; and Oro Negro won the battle with its creditors.

 

Money & Power. The cancellation of the airport created commotion; Fitch changed Mexico’s outlook to negative; and the IDB and the OECD are working with the new government.

 

Déjà vu all over again. Last week’s readers were particularly interested in the structural changes in the Sener (El Financiero - Spanish); Odebrecht’s offer (Reuters - English); and the possible gas shortages in southern Mexico (Platts - English).

 

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