For the first time in years, Square Enix are presenting at E3 on their own stage. Just Cause 3, the next Tomb Raider and Final Fantasy will take main stage, however the fans are hoping of news for a remake/story sequel of FF7.
Unfortunately it looks like they'll be confirming FF7 port to PS4, possibly HD but no remake/sequel. Difficult to say how I feel on this one. FF7 is one of the greatest games made imo, so to remake it would cause great expectations, which may never be able to fulfil. However, it is a gold mine awaiting to be publicly shared as the following and desire for this is so big, so the big corp guys wouldn't lose either way.