Policy

Mexico is at a pivotal moment as it gears up for an election next year amid a global rearrangement of supply chains. Ensuring reliable and affordable energy is key to the nation’s success and proposed LNG exports plans, but requires more progress, said participants at the Mexico Gas Summit in San Antonio, TX last week.…

European natural gas prices continued to dip after the 27 European Union (EU) leaders agreed to a “roadmap” of emergency measures, including capping prices on gas sales, to help meet Europe’s energy crisis. Following many hours of negotiations, agreement was reached on several measures, including a proposal for a temporary price limit on gas transactions…

Houston-based Talos Energy Inc., a major explorer in the Gulf of Mexico (GOM), expects to garner “several favorable provisions” from the Democrats’ Inflation Reduction Act (IRA), which would benefit the upstream business and the low-carbon ventures underway, CEO Timothy S. Duncan said. The independent issued its 2Q2022 results earlier this month, followed by a conference…

Liberty Energy Inc. CEO Chris Wright made no bones about prognosticators calling for the demise of oil and natural gas on Monday. “The energy transition is not happening,” he said in Denver. “This drumbeat is crazy.” Wright, speaking at the LDC Gas Forum Rockies & West, said demand for fossil fuels is robust and poised…

The top executive of Range Resources Corp., one of the largest natural gas producers in the United States, said again on Tuesday that not enough is being done by the country to ease the global energy crisis.  “Energy policy will need to be rooted in market realities,” said CEO Jeff Ventura. “If infrastructure projects, mainly…

The energy law proposal “opens a delicate door because, in the future, the Mexican government could face claims of direct or indirect expropriation of investments, which could mean the state has to compensate for certain damages,” Valeria Vázquez, Energy and Resources Industry leader at Deloitte in Mexico and Central America, told NGI’s Mexico GPI. “To…

Under current policies, oil and natural gas production will continue growing through 2050 amid rising global energy consumption driven by developing Asian economies, according to the latest long-term projections from the U.S. Energy Information Administration (EIA). In its International Energy Outlook 2021(IEO2021) report published Wednesday, the agency predicted a nearly 50% increase in global energy…

FERC erred when it issued a 2018 certificate to Spire STL Pipeline LLC by failing to adequately examine the market need for the natural gas transmission project, an appeals court ruled Tuesday. The U.S. Court of Appeals for the District of Columbia (DC) Circuit vacated Spire’s certificate and remanded it back to the Federal Energy…

FERC has for the first time incorporated a review of climate change impacts in a natural gas certificate decision, sparking a contentious debate among the commissioners over the major policy implications for future infrastructure projects under its purview. In a decision handed down during the Federal Energy Regulatory Commission’s open meeting last week, the agency…