Cfe

Mexico’s state power company Comisión Federal de Electricidad (CFE) credited lower natural gas prices as contributing to the company’s best full-year profits in a decade last year. CFE is the country’s largest power generator and distributor, the primary importer and marketer of natural gas, and monopoly owner of the electricity transmission grid.  The company reported…

Mexico President Andrés Manuel López Obrador, or AMLO, is ending his term the way he started it – by lambasting the nation’s regulators and accusing them of being in cahoots with private business interests. On Monday, the president said he would try to push a bill through Congress in his final months that would eliminate…

Feed gas nominations to Cheniere Energy Inc.’s Sabine Pass export terminal in Louisiana bounced back to 4.2 Bcf/d Wednesday after falling by 600 MMcf/d Tuesday.

Mexico is at a pivotal moment as it gears up for an election next year amid a global rearrangement of supply chains. Ensuring reliable and affordable energy is key to the nation’s success and proposed LNG exports plans, but requires more progress, said participants at the Mexico Gas Summit in San Antonio, TX last week.…

Investments in floating liquefied natural gas (FLNG) production terminals are poised to increase sharply in the next four years, driven by Europe’s need to displace Russian natural gas imports and Asia’s ongoing shift away from coal, according to an analysis from Westwood Global Energy Group. Market research firm Westwood expects 18.3 million metric tons/year (mmty)…

One of Mexico’s main private sector electric power companies is significantly reducing its footprint in the country. Meanwhile, Mexico state utility Comisión Federal de Electricidad (CFE) has snatched another chunk of the nation’s natural gas-heavy generation pie. On Tuesday, Mexico’s government said CFE was purchasing 12 natural gas combined-cycle plants and one 100 GW wind…

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. Canadian utility Atco Pipelines SA de CV, like many other North American companies specialized in the energy sector, decided to embark on…

The CEO of Mexico’s state power company Comisión Federal de Electricidad (CFE), Manuel Bartlett Díaz, is calling on the firm to “resolve the problem” of unused natural gas transport capacity on its U.S. and Mexico pipelines, according to a recent update. Through subsidiaries CFE International LLC (CFEi) and CFEnergía, CFE sources gas from the United…

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…