Renewables & Electricity. Électricité de France will install a 300MW wind park; CFEnergía and Iberdrola signed a US$4bn agreement; and the results of the third electricity auction will be announced November 22.
Natural Gas & Liquid Fuels. Harvey made evident Mexico’s reliance on US natural gas; Valero Energy plans a fuel storage plant in Nuevo León; and private gas stations took 23% of the market from Pemex.
Oil & Gas Upstream. The CNH published the final list of farmout bidders and 2017 oil hedges cost MXN18.2bn.
Money & Power. Mexico and China strengthened their friendship through a deal; the second round of NAFTA negotiations ended; and the IFC will invest in Mexico.
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