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Mexico’s NatGas, Power Market Coordination Rules Head Back to the Sener Drawing Board

Mexico’s NatGas, Power Market Coordination Rules Head Back to the Sener Drawing Board

The Mexican government is rethinking harmonization rules it has proposed for the natural gas and power markets, following feedback from the energy industry.

October 27, 2017
IEnova’s 3Q2017 Earnings Boosted By Four Mexican NatGas Pipe Start-Ups

IEnova’s 3Q2017 Earnings Boosted By Four Mexican NatGas Pipe Start-Ups

Infraestructura Energetica Nova (IEnova) more than doubled its earnings during the third quarter over the year-ago period, lifted by prior acquisitions and the startup of natural gas pipelines in northwestern Mexico.

October 27, 2017

CFE Tender for Topolobampo Branch Pipeline Goes to Gas Natural del Noroeste

Gas Natural del Noroeste SA de CV (GNN) won a project tender for a branch pipeline to supply fuel to natural gas-fired power plants in northwestern Mexico.

October 25, 2017

Pemex Beats Expectations On Freeing Up Mexico’s Natural Gas Market

Petroleos Mexicanos (Pemex), the Mexican state oil company, has surrendered a significant share of its former monopoly of the nation’s natural gas market without question, the upstream regulator, the CRE, recently reported.

October 20, 2017

Continued Low Prices Have Mexico’s Alfa Still Seeking Divestiture of Eagle Ford Position

Monterrey, Mexico-based industrial conglomerate Alfa is continuing to explore sale options for the U.S. assets of upstream oil and gas unit Newpek LLC, the company said Tuesday during a presentation of third quarter 2017 results.

October 19, 2017
Mexico’s First NatGas Hub Expected in 2018, Cenagas Says

Mexico’s First NatGas Hub Expected in 2018, Cenagas Says

The Centro Nacional de Control de Gas Natural (Cenagas) is working to create Mexico’s first natural gas hub by next year in the industrialized northeastern region, just across the border from South Texas.

October 17, 2017
Mexico’s Sistrangas Gathers Shippers’ Input on NatGas Capacity, Storage Demand

Mexico’s Sistrangas Gathers Shippers’ Input on NatGas Capacity, Storage Demand

The operator of Mexico’s main pipeline system, Sistrangas, is conducting a public consultation with natural gas shippers to gauge the market’s appetite for transport capacity and other services, such as storage.

October 12, 2017
Experts Suggest Handling NAFTA Negotiations With Care

Experts Suggest Handling NAFTA Negotiations With Care

Natural gas industry experts last week warned that efforts to renegotiate the North American Free Trade Agreement (NAFTA) should be handled delicately, but early fears that the Trump administration had a disruptive, protectionist slant that could roil gas markets appear to be unfounded.

October 10, 2017

Sempra’s IEnova Buys Pemex Stake in Los Ramones II Norte Gas Pipeline

In its latest move to expand a multi-billion-dollar stake in Mexico, San Diego-based Sempra Energy’s Mexican subsidiary, Infraestructura Energetica Nova SAB de CV (IEnova) acquired an additional 25% interest in the Los Ramones II Norte natural gas pipeline from Petróleos Mexicanos (Pemex) for $231 million, plus assumption of outstanding debt.

October 10, 2017

Mexico Oil Fund Seeking Marketers for Oil, NatGas Produced from PSAs

Mexico’s sovereign oil fund is looking to contract marketers for the hydrocarbons it receives from operators with production-sharing agreements (PSA).

October 10, 2017