Mexican President Andrés Manuel López Obrador’s government claimed inefficiencies in supply chains were behind a recent and temporary nationalization of private assets. Last Friday, the military seized part of a rail line owned by Grupo Mexico SAB unit Ferromex in the southern state of Veracruz. The railway is part of the Interoceanic Corridor project crossing…
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TC Energy Advancing Southeast Gateway, Coastal GasLink Projects, Touts Record Guadalajara Pipeline Flows
Construction of the Southeast Gateway and Coastal GasLink (CGL) natural gas pipeline projects is the top priority for TC Energy Corp. in 2023, management said. CEO François Poirier hosted a conference call in late April to discuss the Calgary-based pipeline giant’s first quarter earnings. In Mexico, the Southeast Gateway offshore pipeline remains on track to…
Oneok Seeing ‘Positive Developments’ on Proposed Waha-to-Mexico Natural Gas Pipe, LNG Terminal
Oneok Inc. is still targeting a final investment decision (FID) by mid-year on the proposed 2.8 Bcf/d Saguaro Connector natural gas pipeline, which would transport natural gas from the Waha hub in West Texas to the Mexico border. The pipeline, if sanctioned, would serve the Saguaro LNG export terminal proposed by Mexico Pacific Ltd. LLC…
Weather Events No Match for Natural Gas, Electric System Upgrades, Says DTE Energy
Detroit-based DTE Energy is continuing to upgrade its natural gas system after recovering from “the most challenging two-week storm period” DTE ever faced, CEO Jerry Norcia said during the first quarter earnings call. “Michigan’s weather has dramatically changed in recent years,” Norcia said during the quarterly update on Thursday (Apr. 27). For example, he noted…
Iberdrola’s Sale of Mexico Assets Could Mean Less Competitive Energy Market – Column
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. In early April, Iberdrola México said it was selling 8,539 MW of its assets to Mexico Infrastructure Partners (MIP). Most of the…
Western Transmission Cleared to Move Alternative Energy from Wyoming to Nevada
The Bureau of Land Management (BLM) approved a 732-mile transmission line across federal lands to move wind energy to Nevada from Wyoming. BLM issued the notice to proceed (NTP) for the TransWest Express Project (TWE), which would carry 3 GW of capacity generated from the largest onshore wind generation project in North America, according to…
U.S. NatGas Prices Low Now, but Demand Picture Could Change Quickly, Experts Say
After soaring in 2022, North American natural gas prices have sunk this year. But this could change as soon as this summer, and certainly starting next year when new U.S. LNG capacity comes online. April New York Mercantile Exchange natural gas futures rolled off the board at $1.991/MMBtu last month, “but it’s not clear if…
AMLO Says Mexico’s CFE Will Command 65% of Generation Mix by Next Year
Mexico’s President Andrés Manuel López Obrador wasn’t able to change the constitution to favor state firms Comisión Federal de Electricidad (CFE) and Petróleos Mexicanos (Pemex), but he remains determined to leave his mark on the energy sector before he leaves office in 2024. In his daily press conference on Tuesday morning, López Obrador, or AMLO,…
Atco Saga Highlights Deficiency in Mexico Natural Gas Project Development — Column
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…
TC Energy Sees Mexico Gas Supply for LNG Projects ‘Eminently Achievable’
Canada’s TC Energy Corp. thinks any capacity constraints in Mexico would be solved if the financing for LNG export projects were in place, CEO Francois Poirier told NGI on the sidelines of the CERAWeek by S&P Global Conference in Houston earlier this month. In Mexico, TC is solidifying partnerships with Mexico’s state power utility Comisión…