Bloomberg After Mexico’s National Energy Control Center cancelled a widely anticipated long-term power auction almost five months ago, the frustration among private companies was palpable. Now, they are taking matters into their own hands — with the help of an upstart energy company formed by some of the power auctions’ original architects. Mexico City-based Bravos Energia is launching new, private …

Bloomberg The oil pipeline that Canadian Prime Minister Justin Trudeau’s government approved is slated to start shipping crude as early as 2022 and cost more than C$7.4 billion ($5.6 billion) after legal delays hampered the construction process. The Trans Mountain expansion, which would carry 590,000 more barrels of crude from Alberta’s oil sands to a port in Vancouver, was delayed …

Bloomberg A year after a rare default in India’s credit market led to its mini-Lehman moment, several shadow banks in the country, its oldest surviving private airline and the parent company of its biggest television broadcaster are still reeling. The fear which erased more than 1 trillion rupees ($14.4 billion) in market capitalisation of the 11 worst-hit firms is refusing …