Regulatory

Column: Mexican Natural Gas Regulation Needs an Overhaul

Column: Mexican Natural Gas Regulation Needs an Overhaul

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…

November 4, 2022
Citing ‘Windfall of War’ and Record Profits, Biden Floats New Tax on Natural Gas, Oil Majors

Citing ‘Windfall of War’ and Record Profits, Biden Floats New Tax on Natural Gas, Oil Majors

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…

November 4, 2022
Canadian Policymakers Working to Shield Consumers as Energy Transition Edges Forward

Canadian Policymakers Working to Shield Consumers as Energy Transition Edges Forward

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…

October 25, 2022
Sistrangas Pipeline System on Operational Alert as Costlier Months Approach – Mexico Spotlight

Sistrangas Pipeline System on Operational Alert as Costlier Months Approach – Mexico Spotlight

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…

October 13, 2022
What Energy Technologies and Services Advance Natural Gas Industry’s Net-Zero Emissions Goals? – Listen Now to NGI’s Hub & Flow

What Energy Technologies and Services Advance Natural Gas Industry’s Net-Zero Emissions Goals? – Listen Now to NGI’s Hub & Flow

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…

October 10, 2022
Mexico, Trading Partners in ‘Productive’ Dialogue Amid Talk of Energy Export Bans

Mexico, Trading Partners in ‘Productive’ Dialogue Amid Talk of Energy Export Bans

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…

October 4, 2022
ARM Fined $200K for Failing to Register as Swap Execution Facility

ARM Fined $200K for Failing to Register as Swap Execution Facility

Houston-based Asset Risk Management LLC (ARM) was charged with failing to register as a swap execution facility (SEF) and ordered by the Commodity Futures Trading Commission (CFTC) to pay a $200,000 penalty. ARM was ordered to cease and desist from any further violations of the Commodity Exchange Act (CEA) and regulations. “Failing to register as…

September 30, 2022
USMCA Squabble Likely to End Amicably, Industry Expert Says

USMCA Squabble Likely to End Amicably, Industry Expert Says

It’s probable that a trade dispute between Mexico and its northern neighbors Canada and the United States will be resolved through discussion, Carlos Flores, Director of Business Development at Nordex Group for Mexico, Colombia, Peru, Central America & Caribbean, told NGI’s Mexico GPI.  “Nonetheless, there is no question that, if the consultations are taken to…

September 30, 2022
Biden Administration Calling for Another Do-Over of Post-Macondo Offshore Safety Rules

Biden Administration Calling for Another Do-Over of Post-Macondo Offshore Safety Rules

President Biden is moving to reinstate the post-Macondo offshore safety rules enacted by the Obama administration, which were partly undone by the Trump administration. BP plc’s deepwater Macondo well explosion in 2010 killed 11 men, destroyed the Deep Horizon drilling rig and led to the largest oil spill in U.S. history. An extensive investigation by…

September 16, 2022
IRA, Permitting Reform Seen Possibly Boosting Natural Gas Infrastructure

IRA, Permitting Reform Seen Possibly Boosting Natural Gas Infrastructure

The Inflation Reduction Act of 2022 (IRA) and a related promise for energy permitting reform may have improved the outlook for natural gas infrastructure, according to industry stakeholders. Speakers at LDC Forums’ Mid-Continent Forum in Chicago were under no illusions about the continued challenges facing newbuild projects, especially interstate pipelines. However, recent events have offered…

September 16, 2022