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…
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Natural Gas Industry Turns Gaze to DC Summit, Opportunity for Energy Cooperation – Mexico Spotlight
All eyes in Mexico’s energy sector were on Washington, DC on Thursday as President Biden hosted Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador in the first summit of its kind since 2016. Ahead of the so-called “Three Amigos” summit, the Canadian Chamber of Congress, Mexican business group Consejo Coordinador Empresarial…

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…

Mexico Escalating ‘Discriminatory’ Actions Against U.S. Energy Companies, says API
The American Petroleum Institute (API) on Friday told the Biden administration that unfair treatment of U.S. energy companies by Mexico’s government is worsening and is likely in violation of the U.S.-Mexico-Canada-Agreement (USMCA). In a letter to cabinet officials, API CEO Mike Sommers alleged an intensifying pattern of nationalist regulatory and legislative reforms under Mexico’s firebrand…

Mexico Taking Steps to Undo Energy Reform, Says Former CRE Commissioner
“The energy reform sought to create a sector that operated as a market with technical criteria and with long-term investor certainty, and that is being dismantled,” Guillermo Zúñiga, former Commissioner at the Energy Regulatory Commission (CRE) from 2013-2019, told NGI’s Mexico Gas Price Index. Zúñiga, currently an international attorney at the Earthjustice environmental nonprofit based…

AMLO Mulling Rollback of ‘Neoliberal’ Energy Policies as U.S. Legislators Sound Alarm
Mexico president Andrés Manuel López Obrador said Monday he is considering amending the constitution to rein in the “neoliberal” 2013-2014 constitutional energy reform of his predecessor, Enrique Peña Nieto. During his daily morning press briefing, López Obrador said a possible counter-reform would reaffirm the state’s predominance in the energy sector, and put a stop to…

Column: All the Right Things Were Said, and Much was Omitted, on AMLO’s Trip to Washington
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…

USMCA Takes Effect, Guaranteeing Zero-Tariff Trade in North America for U.S. Energy Producers
Officials in Mexico, the United States and Canada celebrated the launch of the U.S.-Mexico-Canada Agreement (USMCA) on Wednesday, as the revamped North American Free Trade Agreement (NAFTA) treaty took effect after two years of negotiations. “USMCA will support and grow North American energy security by maintaining zero-tariff trade for crude oil, gasoline, kerosene-type jet fuel…
NGI The Weekly Gas Market Report
U.S. Agrees to Lift Steel, Aluminum Tariffs on Canada, Mexico
The United States on Friday agreed to lift steel and aluminum tariffs imposed on North American trading partners Canada and Mexico, removing one major impediment to enacting the Trump administration’s proposed United States Mexico Canada Agreement (USMCA).
Trilateral Trade Agreement Signed, But Faces Uncertain Future
After months of negotiations, President Trump, Canadian Prime Minister Justin Trudeau and Mexico’s then-president, Enrique Peña Nieto, on Friday signed a new trilateral trade agreement on the sidelines of the G-20 summit in Buenos Aires, Argentina.