electricity

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. The opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index. In the midterm…

“I feel like Mexico is really standing at the edge of a cliff and deep down at the dark bottom of that cliff is Venezuela,” said Marcelo Mereles Gras, veteran Mexico energy expert and partner at HCX Hydrocarbon Exchange, in reference to the legislation proposed by President Andrés López Obrador on Oct. 1 to undo…

Ever since coming to power at the end of 2018, Mexico President Andrés Manuel López Obrador has promised to kill the energy reform of his predecessor Enrique Peña Nieto. With his recent proposal to drastically overhaul the energy sector through a constitutional amendment, is this on the cusp of happening? Analysts at political risk group…

Drilling activity in China is expected to intensify over the next five years as the nation’s producers are under pressure to boost domestic natural gas and oil production and reduce reliance on imports. According to a recent report by Rystad Energy, China’s top three national oil companies (NOCs) are expected to spend about $123 billion…

“The biggest challenge for our customers is to get reliable, affordable and efficient financing for their projects,” Asger Victor Hansen, founder of Kauil Energy in Mexico City, told NGI’s Mexico GPI in the latest installment of its interview series.  Hansen, who is a native of Denmark, founded Kauil Energy, a startup solar energy company, in…

The Department of Energy (DOE) has approved a request by California’s electric grid operator to dispatch more than 200 MW of natural gas-fired generation capacity beyond currently permitted levels to compensate for projected shortfalls in power supply. In a letter Wednesday (Sept. 7) to DOE Secretary Jennifer Granholm, the California Independent System Operator’s (CAISO) Mark…

“There’s been a lot of talk about a downturn in the Mexican energy industry but I don’t necessarily see it that way. There are plenty of gems that are there for the taking in Mexico if you know where to look,” said Dino Barajas, partner at the law firm DLA Piper. “As a potential investor,…

Demand for natural gas is likely to prove strong for several more years, and the fuel should maintain its market share in the electricity mix despite a transition to renewable sources of power such as wind and solar, Raymond James & Associates Inc. analysts said. “We believe that gas-fired generation has room to grow on…

“A change to the constitution is something everybody is thinking about but the road ahead looks a bit more complicated given the results of midterm elections,” David Crisostomo, associate director at IHS Markit and seasoned Mexico energy industry expert, told NGI’s Mexico Gas Price Index.  “The results of the midterm elections show that the room…