U.S. electricity consumption is forecast to decline this year and only marginally increase in 2024, but natural gas consumption gains may be seen amid rising industrial demand. Regulatory action also could be stymied, according to industry advocates. The American Gas Association (AGA) pointed out the positives on Thursday. Incoming Chair Suzanne Sitherwood, who is CEO…
2023
Articles from 2023
Column: Regulatory Risk Big Unknown in Mexico 2023 Energy Outlook
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. January 2023 brings with it new hope for Mexico’s natural gas industry. It is an illusion to think that the environment for…
January 6, 2023
What’s in Store for Latin America Natural Gas in 2023? – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow, which looks into the crystal ball and offers predictions for this year’s energy themes in Latin America. NGI Latin America Senior Editor Christopher Lenton chats with Rice University’s Francisco Monaldi about the major natural gas and oil trends from Mexico to Argentina,…
January 5, 2023
Industry Briefs
ConocoPhillips announced that on Jan. 1, 2003, the company will redeem $250 million of 8.49% notes due Jan. 1, 2023. The company said that as a result of refunding these notes with lower cost debt, pre-tax interest expense will be lower by approximately $6.6 million a year based on current market conditions. Under the terms of the notes, ConocoPhillips has the option to redeem them at 104.245% of face value on or after Jan. 1, 2003. This action by the company will redeem all of the 8.49% notes.
December 2, 2002
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