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Decreased NatGas Supplies Available to Mexico Revealed in NGI’s New Weekly South Central Storage Chart

Decreased NatGas Supplies Available to Mexico Revealed in NGI’s New Weekly South Central Storage Chart

One of the hallmarks of the liquid natural gas spot markets in the United States and Canada — access to natural gas storage facilities — help match supply during periods with greater than normal demand. Mexico has made tremendous strides in opening its natural gas grid to third party trading activity in recent months, but the country still has a long way to go to rival the storage availability north of its border.

July 13, 2017

DOE Secretary Perry in Mexico Calls For Streamlined Cross-Border Infrastructure Permitting

Department of Energy (DOE) Secretary Rick Perry told his Mexican counterpart on Thursday that he wants to streamline the permitting process for cross-border energy infrastructure, including natural gas pipelines, calling them “absolutely vital facilitators of energy trade.”

July 13, 2017
Mexico Natural Gas Import Capacity Auction Draws No Bids

Mexico Natural Gas Import Capacity Auction Draws No Bids

Mexico has rescheduled a natural gas capacity auction on its import pipeline network for August, after failing to draw any bids on Monday.

July 12, 2017

Talos, Partners Hit Oil Pay with Mexico’s First Offshore Well

The Zama-1 exploration well in Mexico, the first offshore well drilled in the country by the private sector, has hit net oil pay and some associated natural gas, Houston-based Talos Energy LLC and its partners said Wednesday.

July 12, 2017

Mexico’s NatGas-Heavy Round 2.2 Auction ‘Aggressive,’ with Seven of 10 Blocks Snapped Up

Seven of 10 exploration blocks found bidders Wednesday in what was the first upstream auction featuring natural gas since Mexico’s 2014 energy reform.

July 12, 2017

EIA Henry Hub NatGas Price Forecast Slips Again: $3.10 This Year, $3.40 in 2018

For a second consecutive month, the Energy Information Administration’s (EIA) has lowered its natural gas price forecast, saying it expects Henry Hub spot prices to average $3.10/MMBtu this year and $3.40/MMBtu next year.

July 11, 2017
Mexico’s Open Capacity Natural Gas Market Off to Smooth Start, Cenagas Says

Mexico’s Open Capacity Natural Gas Market Off to Smooth Start, Cenagas Says

The first days of operations under Mexico’s new natural gascapacity reservation system have gone relatively smoothly, according to pipeline system operator Centro Nacional de Control del Gas Natural (Cenagas).

July 11, 2017
Mexico’s Open Capacity Natural Gas Market Off to Smooth Start, Cenagas Says

Mexico’s Open Capacity Natural Gas Market Off to Smooth Start, Cenagas Says

The first days of operations under Mexico’s new natural gascapacity reservation system have gone relatively smoothly, according to pipeline system operator Centro Nacional de Control del Gas Natural (Cenagas).

July 11, 2017
Fueling Mexico’s Tourist Boom; Natural Gas or Not?

Fueling Mexico’s Tourist Boom; Natural Gas or Not?

The Mexico unit of France-based Engie plans what amounts to a natural-gas offensive to attack the liquid petroleum gas (LPG) stronghold of Cancun, by far the nation’s largest tourist destination and a principal pole of the nation’s economic development.

July 7, 2017

Trump Says Energy Plan Moving U.S. Toward Era of ‘Dominance,’

The U.S. energy industry has “gone through eight years of hell,” but is on the verge of a new era, according to President Trump, who on Thursday announced six initiatives to kick start that change.

June 30, 2017