Renewables & Electricity. Mexico and Europe will exploit geothermal energy; Fisterra Energy launched power swap contracts; and Enel will invest US$5bn in Latin America.

 

Natural Gas & Liquid Fuels. Pemex will relinquish 400 natural gas contracts and Pemex gets into the shale business.

 

Oil & Gas Upstream. Pemex looks for shallow-water and onshore fields and expects 40 partnerships next year, and one third of social impact evaluation requests are on hold.

 

Money & Power. Mexico will receive US$2.9bn from oil hedges; the IMF warns Mexico over debt and capital flow reversals; and NAFTA faces a makeover.

 

 

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