Brazil and Mexico oil production

Mexico, Brazil Energy Fortunes Moving in Opposite Directions, Says Yergin

When it comes to energy policy, Latin American giants Brazil and Mexico are like “two ships of state passing in the night,” according to energy authority Daniel Yergin. Yergin discusses the issues in Latin America in his latest book, “The New Map: Energy, Climate, and the Clash of Nations” published by Penguin Press. According to…

November Natural Gas Futures Fall Again as LNG Stalls, Weather Demand Lightens

BREAKING: U.S. EIA reports a 76 Bcf injection into natural gas storage inventories for week ending Sept. 25 Liquefied natural gas volumes failed to find more momentum Traders mulled weather-driven demand concerns Natural gas futures on Wednesday crept lower, following a steep drop the previous day, as traders mulled weather-driven demand concerns, stagnated liquefied natural…

October 1, 2020

Mexico Financial Authorities Warn of Additional Pemex Downgrade as Pandemic Rages On

Additional credit rating downgrades of Mexican national oil company Petróleos Mexicanos (Pemex) and of the sovereign are among the biggest internal risks facing the country’s economy as it struggles to emerge from a still-raging coronavirus pandemic and economic downturn, according to local authorities. In its latest summary of risks facing the economy issued Tuesday, Mexico’s…

September 30, 2020

November Natural Gas Futures Plunge on Demand Worry, High Storage

Erratic liquefied natural gas volumes and a weaker weather pattern weighed on markets With lofty storage levels, analysts said more pressure may lie ahead Spot prices sputtered as comfortable weather sapped demand in the Midwest Natural gas futures plunged Tuesday, as November opened its first full session as the prompt month amid demand skepticism and…

September 30, 2020

State Department Latest to Warn Changes in Mexico Energy Creating Investment Doubts

Regulatory and policy changes in Mexico have dented investor confidence in the energy sector, according to a recent U.S. State Department report on the investment climate in the country. The report cites moves that favor state firms Petróleos Mexicanos (Pemex) and Comisión Federal de Electricidad (CFE).  “The changes have led private companies to file lawsuits…

September 29, 2020