Adding further friction to the frayed relationship between the government in Mexico and the private sector, the chief of Mexico’s Petróleos Mexicanos (Pemex), Octavio Romero Oropeza, said on Wednesday he believed the state oil company held the majority of the resources in the massive offshore Zama field.
Topic / NGI Mexico GPI
SubscribeNGI Mexico GPI
Articles from NGI Mexico GPI
Tighter Balances Seen Supporting Natural Gas Prices as Futures Climb
Despite warmer trends in the weather models, natural gas bulls managed to take back a few cents in the futures market Tuesday, drawing support from tighter balances. The soon-to-expire February Nymex contract settled at $1.934, up 3.2 cents; March gained 3.0 cents to settle at $1.908.
Trump Signs USMCA into Law Amid Record Mexico Natural Gas Exports, Energy Reform Tension
Amid surging exports of pipeline natural gas from the United States to Mexico, and tension between the oil and gas industry and Mexico’s government, U.S. President Donald Trump on Wednesday signed the United States-Mexico-Canada Agreement (USMCA) into law.
Oil and Gas Industry Applauds Trump Signing of USMCA into Law
President Trump on Wednesday signed into law the United States-Mexico-Canada Agreement (USMCA), a revamped version of the North American Free Trade Agreement (NAFTA) seen as vital to the energy sectors and economies of all three signatory countries.
Tighter Balances Seen Supporting Natural Gas Prices as Futures Climb
Despite warmer trends in the weather models, natural gas bulls managed to take back a few cents in the futures market Tuesday, drawing support from tighter balances. The soon-to-expire February Nymex contract settled at $1.934, up 3.2 cents; March gained 3.0 cents to settle at $1.908.
Trump Signs USMCA into Law Amid Record Mexico Natural Gas Exports, Energy Reform Tension
Amid surging exports of pipeline natural gas from the United States to Mexico, and tension between the oil and gas industry and Mexico’s government, U.S. President Donald Trump on Wednesday signed the United States-Mexico-Canada Agreement (USMCA) into law.
Oil and Gas Industry Applauds Trump Signing of USMCA into Law
President Trump on Wednesday signed into law the United States-Mexico-Canada Agreement (USMCA), a revamped version of the North American Free Trade Agreement (NAFTA) seen as vital to the energy sectors and economies of all three signatory countries.
Modest Uptick for Natural Gas Futures as Weather Models Flip-Flop; Waha Cash Nears Zero
Natural gas futures staged a modest recovery Monday as long-range weather outlooks once again hinted at cold returning. With model volatility picking up in recent runs, however, the February gas futures contract climbed just nine-tenths of a cent to $1.902. March climbed eight-tenths of a cent to $1.878.
Pemex Underwhelming at Priority Fields in Bid to Boost Oil, Natural Gas Production
Mexican national oil company Petróleos Mexicanos (Pemex) is behind schedule at the 20 fields it deemed last year as “high priority” and crucial to reversing years of decline in hydrocarbons production, according to upstream regulator Comisión Nacional de Hidrocarburos (CNH).
Modest Uptick for Natural Gas Futures as Weather Models Flip-Flop; Waha Cash Nears Zero
Natural gas futures staged a modest recovery Monday as long-range weather outlooks once again hinted at cold returning. With model volatility picking up in recent runs, however, the February gas futures contract climbed just nine-tenths of a cent to $1.902. March climbed eight-tenths of a cent to $1.878.