Mexico Needs Help of Private Sector to Improve Oil and Gas Production, Energy Minister Says

Following months of sharp criticism -- not to mention tirades and personal attacks -- directed by President Andrés Manuel López Obrador against Mexico's 2013 energy reform and its institutions, Energy Minister Rocio Nahle brought an olive branch to this year's fourth annual convention of the Asociación Mexicana de Empresas de Hidrocarburos (Amexhi) held last week in the historic center of the Mexican capital. Read More

Natural Gas Futures Drop as Demand Seen Hitting ‘Rock Bottom Levels’

  • June Nymex futures down 2.2 cents to $2.567; July down 2.4 cents to $2.600
  • “It’s possible the weekend data adds a little demand, but likely not enough to fully end bearish weather sentiment”: NatGasWeather
  • “On a weather-adjusted basis, the market has been about 5 Bcf/d oversupplied for the balance of April,” says TPH
  • NGPL lifts force majeure at CS 167, which had restricted ~70 MMcf/d of Permian-to-Midwest flows, according to Genscape
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