Renewables & Electricity. The first solar plant of Baja California will be finished by 2017, electricity prices skyrocketed again, and Jaime Hernández Martínez will remain as CEO of CFE.
Natural Gas & Liquid Fuels. TransCanada, Sierra Oil, and TMM team up for a US$800m marine terminal and oil pipeline project, Mexichem has to secure ethane supply to rebuild plant, and gasoline prices are hiked again.
Oil & Gas Upstream. Pemex’s exploratory drills made two discoveries in Tabasco and Veracruz, Trion will be productive by 2022, but companies will have to invest US$464m to partner with Pemex.
Money & Power. The Finance Ministry gives and takes away from Pemex, TransCanada is marketing its Mexican pipelines, and Mexico is getting ready for oil hedges.