energy policy

“For Mexico to diversify away from U.S. natural gas imports in the medium to long term, the answer is potentially shale,” W. Schreiner Parker, senior vice president and head of Latin America at Rystad Energy, said in an interview with NGI’s Mexico GPI.  “The other interesting area of domestic supply is offshore gas,” he said.…

Since Russia’s unprovoked invasion of Ukraine, countries around the world are shifting their energy priorities, according to a group of experts who spoke in New York City on Wednesday. The last 10 months have brought the issues of energy security, climate change and affordability “into contention,” according to Fahad Alajlan, president of Saudi Arabia’s King…

Mexico, the United States and Canada continue to work through their trade policy differences as the world’s energy supply becomes an increasing piece of geopolitical gamesmanship. It has been 75 days since U.S. Trade Representative (USTR) Katherine Tai announced that her office was requesting dispute settlement consultations with Mexico centered around energy. Under rules of…

Senate Democrats removed language on comprehensive permitting reform from an emergency government funding bill passed late Tuesday in a defeat for Sen. Joe Manchin (D-WV) and the natural gas industry. Manchin had voted in favor of President Biden’s Inflation Reduction Act of 2022 (IRA) on the condition that Majority Leader Chuck Schumer (D-NY) include an…

European Commission President Ursula von der Leyen on Wednesday pledged “deep and comprehensive reform” of the European Union (EU) electricity market and promised to continue exploring ways to bring down natural gas prices.  The EU is being “tested” not only with Russia’s war on Ukraine, but “a war on our energy. It is a war…

Energy sector tensions between the United States and Mexico have quieted in recent days as both sides work to change the narrative towards cooperation.  U.S. Commerce Secretary Gina Raimondo and Secretary of State Antony Blinken were in Mexico City on Monday to speak to top officials, including Mexico President Andrés Manuel López Orador, in what…

Airlines see the idea of reducing greenhouse gas (GHG) emissions through alternative fuels as a positive, but an eight-fold increase in fuel cost may stand in the way of landing on net-zero targets on time.  Last year, the Biden administration targeted commercial aviation for reducing emissions, and  set a domestic production goal of 3 billion…

Mexico needs to reach an agreement during the consultation period with its commercial partners in the United States-Mexico-Canada-Agreement (USMCA) as part of a dispute over energy policies, Teresa Gallegos, an expert attorney in the Mexican energy industry, told NGI’s Mexico GPI.  If it doesn’t, “Mexico will be in a very unfavorable position which will without…

Not only is Guyana set to become one of Latin America’s shining economic stars, but the once poor backwater could soon be a key player in the new global energy map. The International Monetary Fund (IMF) sees the Guyanese economy growing by a staggering 47% this year, even as the rest of the world could…