Mexico’s Comisión Federal de Electricidad (CFE) is preparing to hold auctions in the United States and Mexico to sell natural gas capacity to third parties. The state-owned company seeks to develop a secondary market to improve its overall profit margins, Miguel Reyes, CEO of CFE International, said during the 8th Mexico Infrastructure Projects Forum in…
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European Natural Gas Market Tightens as Gazprom Again Snubs Ukranian Pipeline Capacity – The Offtake
A roundup of news and commentary from NGI’s LNG Insight Gazprom PJSC did not book any of the 63.7 million cubic meters/day of interruptible natural gas pipeline capacity through Ukraine at a monthly auction on Tuesday. It was the fourth consecutive month that Gazprom did not take additional volumes. The company has been booking additional…
July 27, 2021
NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction
Natural gas from Argentina’s province Neuquén, home to most of the Vaca Muerta deposit, fetched $1.79/MMBtu on average in the latest online auction held by Argentina’s online gas market Mercado Electrónico del Gas (Megsa).
March 31, 2020
NatGas from Argentina’s Neuquén Fetches $1.79/MMBtu for April in Auction
Natural gas from Argentina’s province Neuquén, home to most of the Vaca Muerta deposit, fetched $1.79/MMBtu on average in the latest online auction held by Argentina’s online gas market Mercado Electrónico del Gas (Megsa).
March 31, 2020
Judge Orders Wyoming Drilling Halted on Climate Change Issues
A federal judge ruled late Tuesday that the Interior Department’s Bureau of Land Management (BLM) did an inadequate job of considering the effects of climate change when it authorized oil and gas lease sales in the West, and he ordered a temporary halt to drilling on more than 300,000 acres in Wyoming.
March 20, 2019
Mississippi Canyon Yields Most — and Highest — Bids in BOEM Lease Sale
A cadre of 30 oil and gas producers submitted 257 total bids in Wednesday’s Gulf of Mexico (GOM) region-wide auction, with the Mississippi Canyon drawing the highest bid and a unit of Royal Dutch Shell plc far and away outbidding everybody.
March 20, 2019
BOEM Schedules Another Region-Wide GOM Oil, Gas Auction for March
The Interior Department is planning yet another region-wide lease sale in the Gulf of Mexico (GOM) next March, when it plans to auction about 78 million acres for oil and natural gas development.
September 26, 2018
López Obrador’s Fracking Ban Threats Spur Mexican Business Leaders to Seek Review
Business leaders in Mexico’s northern Gulf state of Tamaulipas fear that a potential ban on hydraulic fracturing (fracking) used in unconventional oil and natural gas drilling could doom their economically depressed region to a future of more poverty and crime.
September 14, 2018
Interior’s August GOM Auction to Offer 14,622 Shallow, Deepwater Blocks
Nearly 78 million acres are on offer for oil and natural gas development offshore Texas, Louisiana, Mississippi, Alabama and Florida in a federal auction to be held in August, the Department of Interior said Friday.
July 13, 2018
PJM Auction Adds More Natural Gas Capacity Versus Year Ago
Natural gas continued to gain in PJM Interconnection’s annual capacity auction held this month.
May 25, 2018
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