Trade

U.S.-Mexico Energy Trade Dispute Seen Heading to Panel Process

U.S.-Mexico Energy Trade Dispute Seen Heading to Panel Process

The United States government could request a panel process by February to settle the ongoing energy dispute with Mexico over practices that are considered to be in violation of the U.S.-Mexico-Canada-Agreement, or USMCA. This is according to Vanessa Sciarra, vice president of Trade and International Competitiveness at the American Clean Power Association (ACP), who spoke…

November 3, 2023
ExxonMobil Sees Global Natural Gas Demand Jumping by 20%-Plus to 2050

ExxonMobil Sees Global Natural Gas Demand Jumping by 20%-Plus to 2050

Natural gas use is projected to increase worldwide by more than 20% in 2050, even as solar and wind resources rise sharply, according to ExxonMobil. In the Global Outlook to 2050 published on Monday, the Houston-based integrated major said global gas consumption would continue to climb, “given its utility as a reliable and lower-emissions source…

August 28, 2023
U.S. Natural Gas Trade Soars on International Cargoes, Mexico Pipeline Exports 

U.S. Natural Gas Trade Soars on International Cargoes, Mexico Pipeline Exports 

The United States exported 1.03 Tcf of LNG during the first quarter to 34 countries in 324 tanker cargoes and 85 container loads, leading the North American natural gas trade, according to the U.S. Department of Energy. The Office of Regulation, Analysis and Engagement, Division of Natural Gas Regulation issued its 1Q2023 report earlier this…

August 9, 2023

Labor Strikes at French LNG Terminals Extended – The Offtake

Labor strikes blocking Elengy’s Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne LNG import terminals in France that were scheduled to end Tuesday have been extended to March 27 as workers continue to protest the government’s pension reform. Strikes ended last week at Dunkerque LNG, the country’s only other import terminal. 

March 21, 2023
Mexico-U.S. Energy Tensions Ease As Focus Shifts to Shared Opportunities

Mexico-U.S. Energy Tensions Ease As Focus Shifts to Shared Opportunities

Energy sector tensions between the United States and Mexico have quieted in recent days as both sides work to change the narrative towards cooperation.  U.S. Commerce Secretary Gina Raimondo and Secretary of State Antony Blinken were in Mexico City on Monday to speak to top officials, including Mexico President Andrés Manuel López Orador, in what…

September 13, 2022
U.S.-Mexico Energy Trade Hits Record High Amid Surging Natural Gas, Oil Prices

U.S.-Mexico Energy Trade Hits Record High Amid Surging Natural Gas, Oil Prices

The value of cross-border energy trade between the United States and Mexico reached a nine-year high of $42 billion in 2021, according to the U.S. Energy Information Administration (EIA). The figure is the highest ever recorded in U.S. Census Bureau data, which started in 1996, said EIA researchers led by Natalie Kempkey. The immense flow…

May 11, 2022
AMLO, Biden, Trudeau Promise ‘North American Methane Strategy’ in Washington Summit

AMLO, Biden, Trudeau Promise ‘North American Methane Strategy’ in Washington Summit

Mexican President Andrés Maneul López Obrador, joined by U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau on Thursday pledged to create a “North American strategy on methane and black carbon” during a trilateral summit in Washington, DC. The strategy will aim “to reduce methane emissions from all sectors, especially oil and gas,” the…

November 22, 2021
Texas Legislators Seek White House Intervention on Mexico Energy Policies

Texas Legislators Seek White House Intervention on Mexico Energy Policies

A bipartisan group of Texas legislators has asked the Biden administration to intervene on behalf of U.S. energy companies operating in Mexico amid the latter country’s increasingly nationalistic energy policies. Sens. John Cornyn and Ted Cruz, along with 18 of the state’s 32 U.S. representatives, signed a letter Tuesday (Oct. 19) to U.S. Ambassador to…

October 20, 2021
Shell Partners with Crowley for LNG Bunkering Barge on East Coast

Shell Partners with Crowley for LNG Bunkering Barge on East Coast

Shipowener Crowley Maritime Corp. said Wednesday it is partnering with Royal Dutch Shell plc to construct a liquefied natural gas (LNG) bunker barge to serve vessels powered by the super-chilled fuel on the East Coast starting in 2024. The 416-foot-long barge is designed to offer capacity for 12,000 cubic meters of LNG and product supply…

September 3, 2021
U.S. Remained Top North American Natural Gas Trader in 1Q, Says DOE

U.S. Remained Top North American Natural Gas Trader in 1Q, Says DOE

International natural gas prices leaped in the first three months of this year as economic shocks inflicted by the early 2020 onset of Covid-19 wore off, according to the Department of Energy (DOE). The United States kept its stature as the top North American gas trader, almost doubling former champion Canada’s volume. Total U.S. exports…

August 3, 2021
‹ Previous 1 2 3 42