Mexico’s decision to construct LNG plants to export natural gas may risk the country’s energy security and may be more costly than beneficial, a research associate at Columbia University’s Center on Global Energy Policy (CGEP) told NGI’s Mexico GPI. “I think that there is a risk that these projects represent a burden for Mexico’s energy…
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LNG Capacity Growth a Proven Model for Energy Transition, Says Bechtel CEO
As energy buyers and governments across the world try to balance climate goals and energy security during a period of high volatility, Bechtel Corp. CEO Brendan Bechtel said the growth of the LNG industry should serve as a model for how energy infrastructure investments can tackle multiple challenges at once. Virginia-based Bechtel has secured contracts…
March 7, 2023
An Easier Way to Boost U.S. Natural Gas, Oil Security? – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow, which discusses refracturing existing natural gas and oil wells as a means of advancing U.S. energy security and easing price volatility. In the podcast, NGI Associate Editor Matthew Veazey talks with Houston-based CEO Matt Johnson of Primary Vision about how the U.S.…
October 3, 2022
‘Too Little, Too Late,’ Says Aramco CEO of Global Oil, Natural Gas Investment
Policymakers must ensure the supply of conventional energy sources alongside lower carbon ones as the energy transition marches on, according to Saudi Arabian Oil Co. (Aramco) CEO Amin Nasser. The head of the state-owned oil behemoth has been warning of the threats to global energy security posed by underinvestment in oil and natural gas. “Many…
September 21, 2022
U.S., European LNG Task Force Accused of Violating Federal Law, Operating Secretly
An environmental watchdog group in a letter to President Biden is arguing that a joint task force formed by the White House and European Commission (EC) to help Europe secure more liquefied natural gas (LNG) and displace Russian imports is operating secretly and violating federal law. UK-based Global Witness said the task force’s three meetings…
May 27, 2022
U.S.-Mexico Energy Trade Hits Record High Amid Surging Natural Gas, Oil Prices
The value of cross-border energy trade between the United States and Mexico reached a nine-year high of $42 billion in 2021, according to the U.S. Energy Information Administration (EIA). The figure is the highest ever recorded in U.S. Census Bureau data, which started in 1996, said EIA researchers led by Natalie Kempkey. The immense flow…
May 11, 2022
Global Natural Gas Thirst Unlikely to be Satiated by U.S. Production
The global natural gas squeeze has been festering, but U.S. cargoes to overseas markets are unlikely to save the day as winter draws near, according to a group of industry experts. In a series of webinars hosted last week by Raymond James & Associates Inc., executives offered their views on the risks facing the gas…
October 11, 2021
COLUMN: Energy Security is About Diversification and Sound System Management
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. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…
March 5, 2021
Shale Revolution Ensuring America’s Energy Security, Says GEI
The total U.S. energy security risk fell 1.6 points (2%) to 75.8 in 2018, its fourth-lowest point since 1970, and the lowest since 1995, thanks in large part to the nation’s robust shale plays, according to the U.S. Chamber of Commerce Global Energy Institute (GEI).
December 18, 2019
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