Mexico ends state monopoly on energy sector

Mexico is ending its 76-year-long state monopoly on the energy sector by opening up the industry to private investors, a move the country’s government hopes will stimulate economic growth.

With much of the new capital expected to go to the country’s fracking industry, there are fears among environmentalists and residents of the areas to be exploited about the consequences of privatisation.

Al Jazeera’s Adam Raney reports from Nuevo Leon.