Midterm

“The Mexican Congress now has a more balanced representation, which is an excellent opportunity for negotiation and to have a moderated agenda,” Casiopea Ramírez Melgar, partner at Fresh Energy Consulting and seasoned expert in the Mexican energy sector, told NGI’s Mexico Gas Price Index. “This scenario may provide a more optimistic panorama, especially in terms of…

Mexico’s ruling Morena party and its allies lost their supermajority in the lower congressional house in Sunday’s midterm elections, placing a check of sorts on President Andrés Manuel López Obrador’s nationalist energy agenda. Preliminary results showed that the president’s coalition still holds simple majorities in the senate and the chamber of deputies, which is enough…

While very little changed politically across the Appalachian Basin’s key oil and natural gas producing states, the industry sees both opportunities and challenges after the midterm elections as Democrats and Republicans step into new roles throughout the region.

Tuesday’s midterm elections saw some of the blue wave, as Democrats took control of the House, but western voters supported the energy industry with the defeat of Colorado’s Proposition 112, which threatened nearly all drilling locations for some of the state’s leading producers.

Colorado voters on Tuesday decisively rejected Proposition 112, which threatened nearly all drilling locations for some of the state’s leading producers, in what proved to be one of the most consequential political battles to confront the oil and gas industry this election season.

Republicans are expected to pick up a number of seats in Tuesday’s midterm election, potentially taking control of the House of Representatives and coming close to attaining majority in the Senate, according to energy analysts. Despite the anticipated shift in power, energy is likely to remain a back-burner issue in the lame-duck session and in fiscal year (FY) 2011.

Aggressive regulatory reviews and the midterm elections dulled North American electricity and natural gas utility merger and acquisition (M&A) activity last year, and U.S.-based power utilities failed to complete any “big deal” transactions, according to corporate consultant PricewaterhouseCoopers (PwC).