NGI Mexico GPI

“There is a stoppage of energy investment in Mexico currently, where the attitude of investors is to wait before expanding existing projects or developing new ones,” Balam Energy CEO Carlos Tapia told NGI’s Mexico Gas Price Index.  Tapia, who opened the consultancy Balam Energy in 2019, has more than 20 years of experience working on…

Futures could not break out of a narrow range of gains and losses EIA reported an injection of 71 Bcf natural gas into storage Cash prices fell for a third straight day Natural gas futures on Thursday could not break out of a narrow range of gains and losses following a benign government inventory report…

The U.S. Energy Information Administration (EIA) sees natural gas spot prices at Henry Hub averaging $2.78/MMBtu in the second quarter and $3.05 for 2021 overall, a slight upward revision from its forecast last month. According to new research from the U.S. Department of Energy, Mexico paid $2.12/MMBtu on average for U.S. gas in 2020 and…

BREAKING: U.S. EIA reported an injection of 71 Bcf natural gas into storage for the week ended May 7 June Nymex contract settled at $2.969/MMBtu on Wednesday, up 1.4 cents day/day Natural gas futures advanced for a second straight day on Wednesday as production dipped and all indications pointed to continued strong demand for U.S.…

TC Energy Corp. sees Yucatán Peninsula demand and liquefied natural gas (LNG) exports as possible catalysts for expanding its natural gas network in Mexico, said TC’s Stan Chapman, president of U.S. and Mexico natural gas pipelines. During TC’s May 7 conference call to discuss first quarter earnings, Chapman said the firm’s primary focus in Mexico…

Liquefied natural gas volumes again topped 11 Bcf European and Asian demand for U.S. exports is strong Forecasters expect a hot summer ahead Natural gas futures on Tuesday bounced back from the prior session’s losses, as export demand and other key fundamentals held strong, while a critical oil pipeline signaled it could restore operations this…

With less than four weeks to go before Mexico’s potentially transformative midterm elections, pollsters are still trying to get a clear picture of what to expect. According to the director of public polling at Mexican daily El Financiero, Alejandro Moreno, Mexico remains in a period of “volatility and uncertainty” and a lot can still change…

Comfortable temperatures are expected across the Lower 48 It could take three weeks for summer cooling demand to kick in Analysts anticipate substantial storage increases in May Natural gas futures gave up ground on Monday as traders mulled waning weather-driven demand and the potential implications of a cybersecurity attack on the largest fuel pipeline in…

The American Petroleum Institute (API) on Friday told the Biden administration that unfair treatment of U.S. energy companies by Mexico’s government is worsening and is likely in violation of the U.S.-Mexico-Canada-Agreement (USMCA).  In a letter to cabinet officials, API CEO Mike Sommers alleged an intensifying pattern of nationalist regulatory and legislative reforms under Mexico’s firebrand…