Mexican officials this week brushed aside concerns that the country’s upcoming presidential elections in 2018 could pose a risk for the nascent energy reforms taking hold in the oil and gas industry.
Articles from Mexico
Mexico’s Comision Reguladora de Energia (CRE) plans to publish by the end of this week its first price report for molecule sales in the country’s nascent natural gas market, according to the director of economic analysis at the regulator’s natural gas unit.
The North American natural gas market is more globally interconnected than ever before, as exports steam along both overseas and to Mexico, a top BP plc executive said Wednesday.
The Mexican Energy Secretariat, Sener, expects to release a draft of its public policy for natural gas storage in early September, according to the head of the ministry’s industrial transformation unit.
Mexico’s economy posted solid growth during the second quarter, with oil exports climbing 34.4% in the first five months of 2017 year/year, according to research by the Federal Reserve Bank of Dallas.
Mexico is gearing up to auction emerging unconventional resources through Round 2.5, and while oil is a top priority for prospectors, the country also wants to encourage more natural gas development, a top official said Monday.
Natural gas sales heated up across North America in the first three months of the year, raising volumes and prices of flows between Canada, the United States and Mexico, according to the U.S. Department of Energy (DOE).
A second auction to release capacity on Mexican power utility CFE’s cross-border natural gas pipelines in West Texas once again drew no bids on Thursday.
Mexico’s first independent oil and gas company since energy reforms were instituted four years ago began trading Friday following a successful public offering for $650 million.