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Mexico’s Upstream Chief Steps Down Ahead of New Administration

Mexico’s Upstream Chief Steps Down Ahead of New Administration

A main energizer of Mexico’s nascent energy reform, Juan Carlos Zepeda, resigned this month as president of the upstream regulator, the Comisión Nacional de Hidrocarburos (CNH), with only five months to go before the end of his second five-year term.

November 20, 2018
Mexico NatGas Demand Growth, Political Uncertainty to Exacerbate Domestic Production Decline Woes

Mexico NatGas Demand Growth, Political Uncertainty to Exacerbate Domestic Production Decline Woes

Mexico may not be able to reverse its current trend of declining natural gas output for another four to six years, a period during which gas demand from the power sector is projected to accelerate, according to the latest analysis by OPIS PointLogic.

November 15, 2018
Mexico Natural Gas Market Sees Light at End of Tunnel Despite Short-Term Challenges

Mexico Natural Gas Market Sees Light at End of Tunnel Despite Short-Term Challenges

Mexico’s natural gas market faces multiple short-term challenges, the most urgent of which is a lack of supply to power generators, petrochemical plants, and industrial consumers in the southern and southeastern part of the country, as the state-owned oil and gas producer struggles to increase output.

November 14, 2018
Eni, Lukoil in Mexico Offshore Tie-up; Talos Considering More M&A

Eni, Lukoil in Mexico Offshore Tie-up; Talos Considering More M&A

Italy’s Eni SpA and Russian state-owned oil company Lukoil have agreed to swap participating stakes in three offshore blocks in Mexico’s Sureste Basin.

November 13, 2018
TransCanada Looks to Work Closely With Mexico’s López Obrador Government on NatGas Pipelines

TransCanada Looks to Work Closely With Mexico’s López Obrador Government on NatGas Pipelines

TransCanada Corp. plans to build a friendly relationship with Mexico’s next government to advance its various natural gas pipeline projects in the next few years, a top executive said late last week.

November 8, 2018
Fitch’s Mexico Outlook Downgrade Based on Energy Policy Uncertainty, Airport Cancellation

Fitch’s Mexico Outlook Downgrade Based on Energy Policy Uncertainty, Airport Cancellation

Fitch Ratings late last month revised its outlook for Mexico, citing, among other things, potential energy policies to be implemented by incoming President-Elect Andrés Manuel López Obrador.

November 6, 2018

Total, Sempra MOU a Step Forward for LNG Export Projects in Louisiana, Mexico

Total SA, which is building out liquefied natural gas (LNG) stakes along the Gulf Coast, has entered a memorandum of understanding (MOU) to help Sempra Energy develop the Cameron, LA, facility, as well as the proposed Energia Costa Azul (ECA) project in Mexico.

November 5, 2018

Mexico Energy Industry on Notice After President-Elect Makes Good on Canceling New Airport

The scrapping of a $13 billion airport by Mexico’s next president through a hastily organized referendum in which less than 1% of the population voted is sending shivers through the spines of stakeholders in the country’s recently liberalized energy sector, with one expert calling it the “canary in the coal mine.”

November 2, 2018
Winter Preview Part 2: Demand a Critical Component of South Central Landscape

Winter Preview Part 2: Demand a Critical Component of South Central Landscape

*Part 2 of 3. Historically low storage inventories are doing battle withsurging unconventional output — raisingthe stakes and uncertainty for bears and bulls heading into the winter. This series lays out a roadmap for what could influence natural gas markets during the upcoming Winter 2018/19 heating season. Part 1 looked at East Coast markets.Part 3 focused on West Coast markets.

November 2, 2018
Pemex’s Quarterly Profits, Production on Divergent Paths

Pemex’s Quarterly Profits, Production on Divergent Paths

A recovery in international crude oil prices and a boost in domestic sales lifted state-owned Petroleos Mexicanos (Pemex) in the third quarter, its final report before a new regime takes office.

October 31, 2018