The White House said Thursday it is aiming for zero-emission electric vehicles (EV) to account for half of new vehicles sold in the United States by 2030. It also called for more stringent fuel economy standards. “Zero-emission” includes battery electric, plug-in hybrid electric, and fuel cell EVs, the White House said. President Biden was set…
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Pemex Intervention Could Harm Mexico LPG Market, Experts Warn
Plans for Mexico’s state oil company Petróleos Mexicanos (Pemex) to enter the retail liquefied petroleum gas (LPG) business bode poorly for competition, consumers and the company itself, according to local energy sector stakeholders. President Andrés Manuel López Obrador announced last week that Pemex would launch a subsidiary called “Gas Bienestar” or “Gas Wellbeing” within three…
Column: Mexico’s Natural Gas Market Showing its Strength Amid Threats to Investment
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…
Mexico Energy Investors Looking to Biden, USMCA to Defend Interests, Expert Lawyer Says
“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 Lower Houses Passes Power Sector Bill Favoring State-Owned CFE
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…
Column: Energy Nationalism Easier Than Fighting Coronavirus, Fixing Economy
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…
FERC Opens Door to Adding Landowner Protections in Natural Gas Pipeline Decisions
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…
COLUMN: 2021 to See More Natural Gas Imports, Political Risk in Mexico
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…
USFS Finalizes Review, Clearing Way for MVP to Cross National Forest
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’s Fernández Launches Natural Gas Production Stimulus Plan from Vaca Muerta
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…