Mexico

Mexico Supreme Court Upholds Competition Principles in Power Sector Dispute

Mexico Supreme Court Upholds Competition Principles in Power Sector Dispute

The suspension in late June by Mexico’s Supreme Court of new power sector rules imposed by the energy ministry marked a rare victory for proponents of competition in the country’s energy industry, analysts said. The controversial rulemaking, dubbed the Policy of Reliability, Safety, Continuity and Quality in the National Electric System, halted preoperative tests for…

July 2, 2020
Mexico Energy Regulator Reportedly Lays Off 40% of Workforce Amid Pandemic, Sector Upheaval

Mexico Energy Regulator Reportedly Lays Off 40% of Workforce Amid Pandemic, Sector Upheaval

Mexico’s Comisión Reguladora de Energía (CRE) on Tuesday informed employees of mass layoffs effective immediately, with the natural gas regulation segment hit especially hard, a former employee confirmed to NGI’s Mexico GPI. The former employee, who asked to remain anonymous, said an estimated 200 staffers, or about 40% of CRE’s workforce, were told to return…

June 30, 2020
Mexican Oil, Natural Gas Production Down in May as OPEC Cuts Take Force

Mexican Oil, Natural Gas Production Down in May as OPEC Cuts Take Force

Mexico’s oil production fell to 1.64 million b/d in May compared to 1.66 million b/d in the year-ago period, according to new data provided by the country’s upstream watchdog Comisión Nacional de Hidrocarburos (CNH). Gas production in May was 3.61 Bcf/d, down from 3.82 Bcf/d last May. The figures are the first to reflect committed…

June 29, 2020
Q&A with Lisa Viscidi on Mexico’s Natural Gas Market Development

Q&A with Lisa Viscidi on Mexico’s Natural Gas Market Development

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 33rd Q&A in the series is with Lisa Viscidi, Director of Energy, Climate Change & Extractive Industries…

June 26, 2020
Mexico Competition Watchdog Seeks Supreme Court Intervention Against New Power Sector Rules

Mexico Competition Watchdog Seeks Supreme Court Intervention Against New Power Sector Rules

 Mexico’s Comisión Federal de Competencia Económica (COFECE), the federal economic competition commission, has asked the country’s Supreme Court to intervene on constitutional grounds against new power sector rules imposed by energy ministry Sener. The rules, published through an order in the official gazette on May 15, seek to limit the entry of renewable energy projects…

June 22, 2020
U.S. Adds Two Natural Gas Rigs as Falloff in Oil Patch Slows

U.S. Adds Two Natural Gas Rigs as Falloff in Oil Patch Slows

The U.S. natural gas rig count climbed two units to 78 for the week ended Friday (June 12), while the recent steep declines in the oil patch showed signs of leveling off, according to the latest data from Baker Hughes Co. (BKR).

June 12, 2020
Advances in Mexico Natural Gas Market Seen Stabilizing Waha Prices

Advances in Mexico Natural Gas Market Seen Stabilizing Waha Prices

New infrastructure and capacity releases in Mexico could help stabilize Permian Basin natural gas prices, according to NGI’s Patrick Rau, director of strategy and research.

June 12, 2020
Despite Uncertainty, Mexico Said to Remain Key Export Market for U.S. Natural Gas Producers

Despite Uncertainty, Mexico Said to Remain Key Export Market for U.S. Natural Gas Producers

Even given the many unknowns related to the market impact of the coronavirus pandemic on both sides of the border, Mexico will remain a key destination for U.S. natural gas producers for years to come, according to analysts.

June 3, 2020
Despite Uncertainty, Mexico Said to Remain Key Export Market for U.S. Natural Gas Producers

Despite Uncertainty, Mexico Said to Remain Key Export Market for U.S. Natural Gas Producers

Even given the many unknowns related to the market impact of the coronavirus pandemic on both sides of the border, Mexico will remain a key destination for U.S. natural gas producers for years to come, according to analysts.

June 2, 2020
U.S. Rigs Drop by 60-Plus for Fourth Straight Week as Pandemic Decimating Oil Activity

U.S. Rigs Drop by 60-Plus for Fourth Straight Week as Pandemic Decimating Oil Activity

The freefall in the U.S. rig count showed no signs of letting up during the week ended Friday (April 24) as yet another steep drop-off in oil-directed activity sent the overall domestic tally tumbling below the 500-unit mark, according to the latest figures from Baker Hughes Co. (BKR).

April 24, 2020
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