After a year-long process, holding company Oro Blanco cancels a process to sell its indirect stake in Chile's SQM, one of the world's leading fertilizer and lithium producers.
An increase in Mexico's oil output, which has declined by around 1Mb/d over the last decade, is still a long way off as blocks auctioned this year and last will take time to begin production, according to Ángel Navarro, a local academic and consultant.
Operations are scheduled to begin in the coming months.
Colombian company Puertos, Inversiones y Obras expects to start building the US$100mn Puerto Solo project, the country's second Pacific LNG terminal, in July 2017.
LPG is widely distributed in portable tanks to households and businesses in Mexico, mainly for cooking and firing boilers.
The company has spent about US$1.5bn on expansions and acquisitions in Brazil over the past few years.