Regulation

Texas Freeze Demonstrates Need for Further Mexico-U.S. Energy Integration, Expert Says

Texas Freeze Demonstrates Need for Further Mexico-U.S. Energy Integration, Expert Says

Freezing weather in Texas in February and the subsequent energy supply problems on both sides of the U.S.-Mexico border underline a need for greater energy integration between the two countries, Lorena Patterson, senior energy specialist and strategist, told NGI’s Mexico Gas Price Index.   “I would advocate for greater integration between the markets, and more diversification…

April 16, 2021
Mexico’s AMLO Touts Amended Ethane Contract, New Electricity Law as Sector Unease Mounts

Mexico’s AMLO Touts Amended Ethane Contract, New Electricity Law as Sector Unease Mounts

Mexico’s president and the CEO of its state oil company Petróleos Mexicanos (Pemex) said Wednesday that the terms of an ethane supply contract between Pemex and petrochemicals firm Braskem Idesa (BI) have been amended. The changes would benefit Pemex, said President Andrés Manuel López Obrador and Pemex CEO Octavio Romero Oropeza, although BI had yet…

March 3, 2021
Environmental Groups’ Legal Victory Protects Sage Grouse, Marks Another Blow to Drilling on Federal Lands

Environmental Groups’ Legal Victory Protects Sage Grouse, Marks Another Blow to Drilling on Federal Lands

Environmental groups that sued to throw out a federal plan allowing new exploration and mining on public lands heralded a recent win in court that they said was vital to protect greater sage grouse. A federal judge on Thursday overturned a Trump administration decision to jettison sage grouse protections from 10 million acres in the…

February 12, 2021
Current Mexico Energy Policy Harmful to Private Investment, Former CRE Commissioner Says

Current Mexico Energy Policy Harmful to Private Investment, Former CRE Commissioner Says

“We are effectively seeing this administration block the participation of private industry in the energy sector across all segments,” Montserrat Ramiro, former Commissioner at Mexico’s Comisión Reguladora de Energia (CRE), told NGI’s Mexico Gas Price Index. “Apparently they think the optimal outcome is total control of the market by state-owned companies. Moreover, they think markets…

January 22, 2021
Natural Gas ‘Bridge Fuel’ Narrative to Face Tougher Scrutiny Under Biden

Natural Gas ‘Bridge Fuel’ Narrative to Face Tougher Scrutiny Under Biden

With natural gas projected to play a major role in the global energy mix for decades to come, the incoming Biden Administration would need to mitigate the fuel’s environmental impacts as much as possible in order to fulfill his climate agenda, the most ambitious of any U.S. president in history. As a result, the industry…

January 8, 2021
Court Rejects Obama-Era Methane Rule on Oil, Natural Gas Leases

Court Rejects Obama-Era Methane Rule on Oil, Natural Gas Leases

A federal judge on Thursday overturned an Obama-era rule from 2016 designed to curb methane emissions from associated natural gas on federal and tribal lands, indicating the Department of Interior (DOI) Bureau of Land Management (BLM) overstepped its bounds by attempting to regulate air pollution. The rule in question is the Waste Prevention, Production Subject…

October 9, 2020
Federal Judge Says BLM Chief Serving Unlawfully, Lacks Senate Confirmation

Federal Judge Says BLM Chief Serving Unlawfully, Lacks Senate Confirmation

A federal judge in Montana ruled that William Perry Pendley, the acting director of the U.S. Interior Department’s Bureau of Land Management (BLM), had served illegally for more than a year and blocked him from continuing in the position. “Pendley has served and continues to serve unlawfully…His ascent to acting BLM director did not follow…

September 28, 2020
Amid Regulatory Upheaval, AMLO Says Pemex, CFE Strengthening Won’t Violate Existing Laws

Amid Regulatory Upheaval, AMLO Says Pemex, CFE Strengthening Won’t Violate Existing Laws

Mexico President Andrés Manuel López Obrador said during his Thursday morning press conference his government would continue to respect oil and gas laws and existing contracts in the country. He added, however, that if he were somehow unable to “rescue” national oil company Petróleos Mexicanos (Pemex) and state electricity firm Comisión Federal de Electricidad (CFE),…

September 24, 2020
Mexico Energy Regulators Said to Endorse AMLO Directive Favoring Pemex, CFE

Mexico Energy Regulators Said to Endorse AMLO Directive Favoring Pemex, CFE

Energy regulatory officials in Mexico reportedly agreed on Tuesday to follow a directive from President Andrés Manuel López Obrador to align regulations and permitting with his goal of strengthening state-owned oil company Petróleos Mexicanos (Pemex) and power company Comisión Federal de Electricidad (CFE). The news, which was first reported by local outlet Expansión, sent shockwaves…

September 23, 2020
Mexico Energy Regulator Losing Independence, Not Fulfilling Duties Under AMLO Government, Former Commissioners Say

Mexico Energy Regulator Losing Independence, Not Fulfilling Duties Under AMLO Government, Former Commissioners Say

Mexico’s Comisión Reguladora de Energía (CRE) is losing its independence and failing to carry out its constitutional mandate under the current government, according to a former chairman and two former commissioners of the energy regulator. Created in 1994 under the liberalizing economic reforms of former president Carlos Salinas de Gortari, the CRE performs similar functions…

July 22, 2020