Infrastructure

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 big investment news in Mexico is Elon Musk’s intention to build a ~$5 billion Tesla plant in the thriving northern city…

FERC Acting Chairman Willie Phillips got the memo. The head of the federal regulatory agency tasked with overseeing energy infrastructure development told a cavernous conference hall filled with industry insiders what they had hoped to hear: Phillips has their back when it comes to speeding up decisions on infrastructure projects. “Building new things,” Phillips said…

Pipeline and environmental projects will fire up 2023 into a growth year in Canadian natural gas and oil investments, according to a major industry trade group. The Canadian Association of Petroleum Producers (CAPP) is forecasting investments totaling US$30 billion total this year, up by $3 billion from 2022. “The year 2023 may be one of…

Williams has inked agreements with Chevron U.S.A. Inc. to build greenfield infrastructure onshore and expand a massive offshore system to support growing natural gas deliveries from the Haynesville Shale and deepwater Gulf of Mexico. In one deal, the Tulsa-based pipeline giant would provide gas gathering services for Chevron’s 26,000-acre Haynesville dedication. Chevron in turn made…

Another major natural gas pipeline is slated for Mexico, this one for the Northwestern part of the country and the states of Sonora and Baja California. On Monday, Mexican utility Comisión Federal de Electricidad (CFE) signed a memorandum of understanding (MOU) with Carso Energy and Sempra Infrastructure. Carso Energy is a subsidiary of Grupo Carso,…

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…

The past year marked a renewed sense of collaboration between Mexico’s state power utility Comisión Federal de Electricidad (CFE) and private sector energy firms, resulting in the sanctioning of new natural gas infrastructure projects and agreements to advance stalled ones. Meanwhile, Mexico’s pipeline natural gas imports from the United States were down year/year during summer,…

Targa Resources Corp. has agreed to purchase Blackstone Energy Partners’ 25% interest in Targa’s Grand Prix natural gas liquids (NGL) pipeline for $1.05 billion in cash plus customary working capital adjustments. The transaction, slated to close during the first quarter, would give Houston-based Targa a 100% ownership position in the 1.0 million b/d capacity pipeline.…

Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies. In the center’s latest Gulf Coast Energy Outlook (GCEO) authors David E. Dismukes and Greg Upton said that in…