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. The big investment news in Mexico is Elon Musk’s intention to build a ~$5 billion Tesla plant in the thriving northern city…
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API, Allies Urge Biden Government to ‘Hold Mexico Accountable’ for Nationalist Energy Policies
A trio of U.S. trade organizations led by the American Petroleum Institute (API) is again calling on the Biden administration to engage forcefully with Mexico over the latter’s energy policies, which the groups say give preferential treatment to Mexico’s state-owned producers of hydrocarbons and electricity. In a letter to U.S. Trade Representative Katherine Tai, API…

Biden Administration Ready to Accelerate Carbon Capture Technologies with $2B-Plus in Funding
The Biden administration is funding $2.52 billion to accelerate investments in carbon capture storage (CCS) and carbon transport technologies. The Bipartisan Infrastructure Investment and Jobs Act of 2021 funded two programs: the Carbon Capture Large-Scale Pilots and Carbon Capture Demonstration Projects. The goal of these programs is to decrease carbon dioxide (CO2) emissions from electricity…

FERC’s Phillips Vows to Approach Infrastructure Project Approvals in ‘Accelerated Way’
FERC Acting Chairman Willie Phillips got the memo. The head of the federal regulatory agency tasked with overseeing energy infrastructure development told a cavernous conference hall filled with industry insiders what they had hoped to hear: Phillips has their back when it comes to speeding up decisions on infrastructure projects. “Building new things,” Phillips said…

LNG Huge Opportunity for Mexico, but Challenges Remain — Column
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. The idea of using the Mexican Pacific coast as an export platform for LNG from Waha has been around for a while. …

Key MVP Approval Updated, but Potential Regulatory Obstacles for Natural Gas Conduit Remain
The U.S. Fish and Wildlife Service (USFWS) has issued an updated review of the Mountain Valley Pipeline (MVP) that could pave the way for the 2 million Dth/d natural gas conduit to receive further permits and complete construction this year. However, even with the updated USFWS Biological Opinion, posted to the project’s FERC docket Wednesday,…

Federal Methane Prevention Proposal ‘Unrealistic and Arbitrary,’ Says Energy Industry
U.S. oil and natural gas trade groups are calling foul on a proposal by federal officials to collect royalties on gas that is vented or flared. The proposal, first announced in November, would replace what the Bureau of Land Management (BLM) called an “outdated” and “ill-suited” ruling that came about before the boom of unconventional…

BC, Blueberry River to Jointly Oversee Resources, Potentially Limit New Natural Gas, Oil Projects
British Columbia (BC) and Blueberry River First Nations struck a historic agreement this week to partner on resource stewardship that among other things could limit new oil and natural gas development, as well as revamp future energy activities. The agreement would ensure “Blueberry River members can meaningfully exercise their Treaty 8 rights, and provide stability…

Renewed Interest in Mexico Within Energy Industry, Expert Lawyer Says
“I would say there’s a sensation that you can see a light at the end of the tunnel,” José María Lujambio, partner and energy practice director at Cacheaux, Cavazos & Newton, told NGI’s Mexico GPI. “It is a feeling that deterioration in the [Mexican energy] sector has ended and members of the industry are starting…

Energy Industry Expecting Delayed Oil, Gas Permitting with Updated Federal GHG Guidance
Federal guidance updating how climate impacts should be assessed during environmental reviews for permitting energy infrastructure is drawing criticism from the oil and natural gas industry. The White House Council on Environmental Quality (CEQ) earlier this month released updated Guidance on Consideration of Greenhouse Gas Emissions and Climate Change. The interim guidance, which is under…