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5:22 PM
Despite warmer trends in the weather models, natural gas bulls managed to take back a few cents in the futures market Tuesday, drawing support from tighter balances. The soon-to-expire February Nymex contract settled at $1.934, up 3.2 cents; March gained 3.0 cents to settle at $1.908. Read More
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3:13 PM
Hess Corp. is once again directing the lion’s share, more than 80%, of its planned $3 billion capital expenditure (capex) budget for 2020 to high-return investments in the Bakken Shale and offshore Guyana. Read More
Mexico Gas Price Index
2:06 PM
Mexican national oil company Petróleos Mexicanos (Pemex) is behind schedule at the 20 fields it deemed last year as “high priority” and crucial to reversing years of decline in hydrocarbons production, according to upstream regulator Comisión Nacional de Hidrocarburos (CNH). Read More
Charts of the Week
As spot prices in the region have languished near or below zero, natural gas flaring and venting in the Permian...
Editors Picks
NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column as part of a regular series on understanding this process, written by Eduardo Prud’homme. This is the eighth in the series.
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