Renewables & Electricity. IEnova bought the biggest wind farm in Mexico; Edemtec, Eléctricas de Medellín, and Siemens will resolve technical and non-technical connection problems; and private companies show interest in the CFE's grid.
Natural Gas & Liquid Fuels. 78% of the pipelines planned for 2019 have been built or will be signed; jet fuel imports skyrocketed in 2016; and gasoline subsidies do not help wealth distribution, according to the Finance Minister.
Oil & Gas Upstream. Six new companies joined the Trion tender at the last minute; Murphy Oil, Petroliam Nasional, and Sierra Oil are considering joining forces for Round 1.4; and the Finance Ministry lowered its demands for Round 1.4.
Money & Power. Videgaray’s time as Finance Minister is over; Russia and Saudi Arabia agreed to stabilize oil production; and Mexico's central bank lowered expectations for growth.
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