Sentido Comun – Petroleos Mexicanos announced that the construction of 22 vessels progresses after its and the Navy’s engineers reviewed the progress of the program. Pemex plans to spend 3,400 million pesos ($223.4 million) to build the boats.
Sentido Comun -The Federal Electricity Commission (CFE), said it has reduced downtime per user of electricity in the Valle de Mexico by 87.5 percent in the last four years, from 440 minutes in 2010 to 55 minutes in 2014.
Deutsche Welle – Almost half a million people in Mexico’s Tabasco state are still without water, after an oil spill caused by trespassers contaminated local drinking water. Local authorities are scrambling to clean up waterways, reopen water processing plants and distribute bottled water.
Sentido Comun – Road repairs in Guerrero is 99.9 percent completed under the Plan Nuevo Guerrero, a program to rehabilitate roads affected by the hurricanes Ingrid and Manuel in 2013.
Business News America – ONEOK Partners entered into a joint venture with a subsidiary of Fermaca to build a pipeline to transport natural gas to Mexico from the Permian basin in Texas.
Reuters – Mexico is trying to get Chinese state-run companies involved in the construction of a new $11 billion airport as it seeks to make up for a tainted rail tender that soured relations with Beijing, a source with knowledge of the government plan said.
New York Daily News – Fifteen people were reported injured after the Abkatun Permanent oil rig burst into flame in the Gulf of Mexico Wednesday. Nearly 300 workers were evacuated.
Reuters – Asset manager BlackRock and U.S. private equity firm First Reserve have taken a joint stake worth around $900 million in the second phase of Mexico pipeline project Los Ramones. The pipeline will eventually run from the U.S.-Mexico border to central Mexico.
Sentido Comun – President Enrique Peña Nieto opened the Tlaxcala bypass, a 12 kilometer, four-lane project that required an investment of 967 million pesos ($64 million).
Reuters – BlackRock Inc, the world’s largest asset manager, is looking to invest in infrastructure projects in Mexico, according to sources familiar with the situation.
Reuters – Mexican bank Grupo Financiero Banorte expects to set up a $3 billion infrastructure fund in the next few months with a North American partner, CEO Jose Marcos Ramirez said. He declined to say who the North American partner would be.
Reuters – Pemex said on Friday that it had contained a fire at its Miguel Hidalgo refinery and that the facility was back to normal operations. No workers were injured, and the facility near the city of Tula sustained only minor damages, the company said.
Sentido Comun – Spanish infrastructure constructions company Ferrovial is said to be interested in participating in the tender to build the new international airport in Mexico City.
El Dario -The close relationship between Coahuila Gov. Ruben Moreira Valdez and President Enrique Peña Nieto has enabled significant investments in the state, all geared at competitiveness.
CNNMéxico – Line 12 of the Mexico City Metro “failed,” according to an audit by the Superior Audit Office. The opinion is the start of a process to bring sanctions against officials responsible for the failures.
Sentido Comun – Mexico gave the government of Jalisco the concession for the Guadalajara-Tequila-Magdalena railway so state authorities can better promote tourism development in the region.
Bloomberg – Fermaca Enterprises plans to be the first Mexican company to build a pipeline in the United States to bring cheap natural gas from Texas to south of the border to satisfy the growing appetite for fuel.
Sentido Comun – Hutchinson Port Holdings (HPH) announced it will invest $50 million over the next five years in its subsidiary Gulf Naval Workshops or TNG, to convert the naval complex at the port of Veracruz into the most modern and best equipped in the Gulf of Mexico.
The Economic Times – Mexico plans to resume iron ore exports from the port of Lazaro Cardenas in western Mexico, where the Knights Templar drug cartel allegedly had been illegally shipping the ore to China.
Informador – The Secretariat of Communications and Transportation (SCT) reported that the China Railway Construction Corporation (CRCC) applied for compensation from the failed fast-rail tender, though late, met the deadline.