Renewables & Electricity. SolarCity Mexico will invest US$1bn in Mexico; the second electricity auction winners were announced; and private companies will join the buy-side in the third electricity tender.
Natural Gas & Liquid Fuels. Open pipelines will be here in October; Alpek got an extension for the Petrobras petrochemical units deal; and Gas Natural will invest in distribution networks.
Oil & Gas Upstream. Pemex reduced to 40% its stake in Trion, ignoring Goldwyn’s ponderings; it will also migrate three entitlements.
Money & Power. OPEC agreed to its first cut in eight years; the oil fund lost MXN398bn; and the “Bahamas Leaks” point to a handful of Pemex officials.
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