Regulations

“Investors are waiting to see if U.S. President Biden will defend the interests of the North American companies that have money invested in Mexico and that are financed by development banks in North America,” Antonio Prado, seasoned international lawyer and executive at consultancy EnerSalpra, told NGI’s Mexico GPI.  “There’s a lot of hope that there…

Mexico’s lower congressional house in the wee hours of Wednesday morning approved a controversial bill that would upend the rules governing the electric power sector, giving generation assets owned by state-owned Comisión Federal de Electricidad (CFE) priority in the dispatch order over private sector generators. The chamber approved the bill to modify Mexico’s bedrock electricity…

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. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

Under the direction of new Chairman Richard Glick, FERC is revisiting an order issued last year designed to prevent natural gas pipelines from starting construction with rehearings pending, opening the door to potentially implement additional landowner protections. However, in doing so the Federal Energy Regulatory Commission is leaving pipeline developers in the lurch by not…

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. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

The U.S. Forest Service (USFS) has finalized a supplemental environmental review of the Mountain Valley Pipeline (MVP), a key step in resolving a permitting setback that has prevented construction on a small portion of the project routed through the Jefferson National Forest. Late last week, the USFS released a final supplemental environmental impact statement for…

Argentina President Alberto Fernández unveiled the country’s long-awaited natural gas scheme on Thursday from the heart of the Vaca Muerta shale formation in Neuquén province. “We’re convinced that we are investing in Argentina for the country’s development,” Fernández said. The president spoke from the oil and gas fields at Loma Campana, considered one of the…

California’s oil and natural gas industry is pushing back against a report alleging that the state’s largest exploration operator, now mired in bankruptcy, could leave a billion-dollar abandoned well cleanup problem in its wake. The Sierra Club in a recent report labeled top producer California Resources Corp. (CRC), now in Chapter 11, as a stripper…

The Trump administration on Thursday validated reports of its intention to roll back Obama-era controls on methane emissions from the oil and gas sector. In a two-part rulemaking, the Environmental Protection Agency (EPA) rescinded the regulations enacted under the 2016 Oil and Natural Gas New Source Performance Standards (NSPS). The NSPS sought to reduce emissions…