Mexico

In a first for the Mexican upstream sector, the Energy Ministry (Sener) has issued unitization rules for hydrocarbons reservoirs that span blocks owned by different operators.

The Mexican Energy Ministry (Sener) has issued the definitive version of its natural gas storage policy.

Sixteen of 35 of the offshore Mexico blocks on offer by were taken up in Round 3.1 on Tuesday, the first auction in the third round of the country’s 2013-14 energy reform, a result that most analysts said was somewhat disappointing but hardly surprising.

Mexico’s energy ministry (Sener) has issued guidelines for landowner royalties that oil and gas companies must pay out for upstream projects with commercial production.

The first of three upstream auctions so far announced in Round Three of Mexico’s 2013-14 energy reform is to be held on Tuesday, featuring areas believed to have a high proportion of natural gas.

A demand to halt the government energy reform in its tracks by the politician who leads opinion polls for Mexico’s upcoming presidential election has whipped up a hornets’ nest in the nation’s politics.

The Mexican energy regulator on Tuesday afternoon published, for the first time, monthly natural gas prices for six trading regions in the country.

The value of U.S. energy exports to Mexico in 2017 exceeded imports for the third year in a row, according to the Energy Information Administration (EIA).

The Mexican natural gas industry is developing several projects to reinforce the supply balance in the southeastern part of the country to take advantage of U.S. import capacity due to come onstream by the end of the year.