Regulatory

TC Energy Corp. is strengthening its commercial ties with Mexico’s largest natural gas consumer and working toward the completion of multiple pipeline projects in the country. The consumer is state power company Comisión Federal de Electricidad (CFE), whose demand averages about 4 Bcf/d, nearly all of which comes from the United States. In a call…

Mexico’s biggest growth opportunities include “natural gas and natural gas processing at the top of the list, including storage and completing the supply chain, such as the development of processing centers for LNG in ports,” Jorge Pedroza, energy director at PwC Mexico, told NGI’s Mexico GPI. “There is a window of opportunity that won’t last…

Mexico’s industrial natural gas consumers are adopting more sophisticated procurement strategies and seeking to lock in relatively cheap U.S. prices for as long as possible,  according to BP plc’s Pedro Elio, head of origination for BP’s Mexico gas marketing business. Elio spoke Tuesday at LDC Forums’ US-Mexico Natural Gas Forum in San Antonio, TX. BP…

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. This week marks 27 years of regulation in the natural gas industry in Mexico. The law that gave rise to the Comisión…

Domestic crude production ticked lower last week along with demand, the U.S. Energy Information Administration (EIA) said Wednesday. The latest government snapshot followed President Biden’s assertion this week that energy majors are keeping a lid on output in order to maintain high oil and natural gas prices to bolster profits. Biden on Monday floated a…

Canadian provincial governments have moved to shield customers in four major regions from increased costs associated with federal greenhouse gas (GHG) reduction policies that had previously fallen between the cracks. The moves by Alberta, Ontario. Nova Scotia and Quebec tackle a gap left by the carbon tax, a cornerstone of Canada’s GHG reduction policy. The…

Mexico’s Sistrangas pipeline operator Cenagas declared restrictions on the network because of inadequate operating conditions, citing reduced flows at the northern Ramones injection point. The restrictions went into place earlier this week and will continue until further notice. Users have been asked to stick to their programmed nominations. Gadex consultant Eduardo Prud’homme told NGI’s Mexico…

Click here to listen to the latest episode of NGI’s Hub & Flow, which discusses decarbonization methods marketed to the natural gas industry, some of which may work while others may be nothing but hot air. In this podcast, NGI Senior Energy Analyst Shaylon Stolk discusses how pressure from regulators and investors has the natural…

Mexico, the United States and Canada continue to work through their trade policy differences as the world’s energy supply becomes an increasing piece of geopolitical gamesmanship. It has been 75 days since U.S. Trade Representative (USTR) Katherine Tai announced that her office was requesting dispute settlement consultations with Mexico centered around energy. Under rules of…